What HDFC Bank Limited (HDB) Insiders Are Up To

HDFC Bank Limited (NYSE:HDB) finished Friday with a subtraction of -$0.16 to close at $77.54, a downside of -0.21 percent. An average of 1,578,660 shares of common stock have been traded in the last five days. There was a gain of $1.78 in the past week, and it reached a new high 26 times over the past 12 months. The last 20 days have seen an average of 1,756,940 shares traded, while the 50-day average volume stands at 1,678,070.

HDB stock has increased by 4.81% in the last month. The company shares reached their 1-month lowest point of $71.80 on 09/28/21. With the stock rallying to its 52-week high on 02/16/21, shares of the company touched a low of $56.86 and a high of $84.70 in 52 weeks. It has reached a new high 13 times so far this year and achieved 7.31% or $5.28 in price. In spite of this, the price is down -8.45% from the 52-week high.


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Valuation Metrics

HDFC Bank Limited (HDB) has a trailing price-to-earnings (P/E) ratio of 200.10, which compares with the 16.80 for the broader industry and 13.15 for the sector. In the last five years, HDFC Bank Limited’s PE ratio has ranged between 38.91 and 15.16. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.18, the price-to-book (PB) ratio at 0.41.

HDFC Bank Limited pays a $0.21 dividend per share annually. It offers a dividend yield of 0.27%. The company’s most recent quarterly dividend payment took place on Jun. 29, and it was $0.2140 a share, representing a down of -56.68% from $0.4940 last year. Its latest decrease dividend $0.28 reported on Friday June 18 2021.

Its gross profit as reported stood at $9.35 billion compared to revenue of $17.45 billion.

Earnings Surprise

For the three-month period that ended June 29, HDFC Bank Limited had $16.06 billion in total debt. The analyst consensus anticipated HDFC Bank Limited’s latest quarter earnings to come in at $0.56 per share, but it turned out to be $0.58, a 3.60% surprise. At the end of the quarter ending June 29, HDFC Bank Limited’s stock balance sheet showed total debt was $1.73 trillion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at HDFC Bank Limited (HDB) price momentum. RSI 9-day as of the close on 22 October was 67.45%, suggesting the stock is Neutral, with historical volatility in this time frame at 16.47%.

As of today, HDB’s price is $77.50 +2.35% or $1.78 from its 5-day moving average. HDB is currently trading +5.28% higher than its 20-day SMA and +1.47% higher than its 100-day SMA. However, the stock’s current price level is +3.25% above the SMA50 and +7.75% above the SMA200.

The stochastic %K and %D were 86.88% and 90.96%, respectively, and the average true range (ATR) was 1.26. With the 14-day stochastic at 85.53% and the average true range at 1.30, the RSI (14) stands at 62.56%. The stock has reached 1.29 on the 9-day MACD Oscillator while the 14-day reading was at 2.46.

Analyst Ratings

Bernstein downgraded HDFC Bank Limited (NYSE: HDB) to a a Mkt perform rating in its most recent analyst report. Previously, the stock was rated as an Outperform.

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