ICICI Bank Limited (NYSE:IBN – Get Free Report) was the target of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 25,910,000 shares, an increase of 23.0% from the January 31st total of 21,070,000 shares. Based on an average daily trading volume, of 6,280,000 shares, the days-to-cover ratio is currently 4.1 days.
ICICI Bank Trading Down 0.3 %
Shares of IBN stock opened at $26.40 on Tuesday. The company has a debt-to-equity ratio of 0.80, a current ratio of 0.99 and a quick ratio of 0.99. The company has a market cap of $92.63 billion, a price-to-earnings ratio of 19.70, a PEG ratio of 1.71 and a beta of 1.02. The stock has a 50 day simple moving average of $24.44 and a 200-day simple moving average of $23.57. ICICI Bank has a 1-year low of $19.34 and a 1-year high of $26.58.
ICICI Bank (NYSE:IBN – Get Free Report) last announced its quarterly earnings data on Tuesday, January 23rd. The bank reported $0.35 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.35. The company had revenue of $5.18 billion for the quarter. ICICI Bank had a return on equity of 16.57% and a net margin of 24.82%. On average, equities research analysts expect that ICICI Bank will post 1.38 EPS for the current fiscal year.
Institutional Inflows and Outflows
About ICICI Bank
ICICI Bank Limited provides various banking products and services in India and internationally. It operates through Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, and Others segments. The company offers savings, salary, pension, current, and other accounts; and time, fixed, recurring, and security deposits services.
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