HSBC Holdings plc ADR (NYSE:HSBC) traded at $38.47 at last check on Monday, March 18, made an upward move of 0.68% on its previous day’s price.
Looking at the stock we see that its previous close was $38.21 and the beta (5Y monthly) reads 0.59. The company has a trailing 12-month PE ratio of 6.78. In terms of its 52-week price range, HSBC has a high of $42.47 and a low of $32.40. The company’s stock has lost about -3.51% over that past 30 days.
HSBC Holdings plc ADR has a market cap of $146.22 billion. With its Forward Dividend at 3.05 and a yield of 7.93%, the company’s investors could be anxious for the HSBC stock to gain ahead of the earnings release.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the HSBC stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of Hold. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note that the PEG ratio for the HSBC stock currently stands at 0.31, and the most recent price level today is 0.11% off its SMA20 and -1.28% from its 50-day simple moving average. The RSI (14) is pointing at 49.84 while the volatility over the past week is 0.85% and jumps to 0.93% over the past one month. The beta value is 0.64, while the average true range (ATR) is currently pointing at 0.65.
Coming back to HSBC Holdings plc ADR (NYSE:HSBC), we note that the average 3-month trading volume was 2.23 million, while that of the preceding 10-day period stands at 2.23 million. Current shares outstanding are 3.85 billion.
The insiders hold 0.00% of the company’s shares while institutions hold 1.53%. The data shows that short shares as of Feb 29, 2024, stood at 7.68 million at a short ratio of 5.07. This represents a 0.20% short interest in shares outstanding on Feb 29, 2024. Shares short fall in February from the previous month at 10.72 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -5.11% down in year-to-date price movement.
