Infosys Ltd ADR (NYSE:INFY) shares, rose in value on Wednesday, May 07, with the stock price down by -0.34% to the previous day’s close as strong demand from buyers drove the stock to $17.71.
Actively observing the price movement in the last trading, the stock closed the session at $17.77. The PE ratio was 23.28 over 12-month period. Referring to stock’s 52-week performance, its high was $23.63, and the low was $15.82. On the whole, INFY has fluctuated by 5.54% over the past month.
With the market capitalization of Infosys Ltd ADR currently standing at about $73.55 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.58, with its dividend yield at 3.29%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that INFY’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.17, with the price of INFY currently trading nearly 2.66% and -2.27% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.15, while the 7-day volatility ratio is showing 0.95% which for the 30-day chart, stands at 2.46%. Furthermore, Infosys Ltd ADR (INFY)’s beta value is 0.99, and its average true range (ATR) is 0.41.
A comparison of Infosys Ltd ADR (INFY) with its peers suggests the former has fared considerably weaker in the market. INFY showed an intraday change of -0.34% in last session, and over the past year, it grew by 5.20%%.
Data on historical trading for Infosys Ltd ADR (NYSE:INFY) indicates that the trading volumes over the past 3 months, they’ve averaged 12.45 million. According to company’s latest data on outstanding shares, there are 4.15 billion shares outstanding.
Nearly 0.00% of Infosys Ltd ADR’s shares belong to company insiders and institutional investors own 11.85% of the company’s shares. The stock has fallen by -19.21% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the INFY stock heading into the next quarter.
