ICICI Bank Ltd (NYSE:IBN)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $13.00, but opened at $13.28. ICICI Bank shares last traded at $13.58, with a volume of 6,156,008 shares traded.
Separately, ValuEngine raised ICICI Bank from a “strong sell” rating to a “sell” rating in a research report on Friday, October 25th. One investment analyst has rated the stock with a sell rating, three have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. ICICI Bank presently has an average rating of “Hold” and a consensus price target of $12.00.
The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.65. The stock has a 50-day simple moving average of $12.42 and a 200-day simple moving average of $11.87. The firm has a market capitalization of $43.73 billion, a PE ratio of 90.53 and a beta of 0.79.
ICICI Bank Company Profile (NYSE:IBN)
ICICI Bank Limited, together with its subsidiaries, provides banking and financial services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, General Insurance, and Others segments. The company offers savings, salary, pension, current, and other accounts; and fixed, recurring, and security deposits.
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