HSBC Holdings plc (LON:HSBA - Get Free Report)'s share price reached a new 52-week high on Tuesday . The stock traded as high as GBX 828.60 ($10.22) and last traded at GBX 825.30 ($10.18), with a volume of 19507764 shares. The stock had previously closed at GBX 826.10 ($10.19).
Analyst Ratings Changes
Separately, Citigroup restated a "top pick" rating on shares of HSBC in a report on Thursday, December 12th. One analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, HSBC has an average rating of "Buy" and a consensus price target of GBX 795 ($9.80).
Check Out Our Latest Research Report on HSBC
HSBC Stock Up 0.1 %
The company has a market capitalization of £150.25 billion, a price-to-earnings ratio of 928.09, a P/E/G ratio of 5.97 and a beta of 0.52. The stock has a 50 day simple moving average of GBX 758.57 and a 200 day simple moving average of GBX 701.08.
HSBC Dividend Announcement
The firm also recently declared a dividend, which was paid on Thursday, December 19th. Stockholders of record on Thursday, November 7th were paid a $0.10 dividend. The ex-dividend date was Thursday, November 7th. This represents a dividend yield of 1.11%. HSBC's payout ratio is 5,393.26%.
Insiders Place Their Bets
In related news, insider Georges Elhedery bought 41,720 shares of HSBC stock in a transaction dated Tuesday, November 5th. The stock was acquired at an average cost of GBX 718 ($8.85) per share, with a total value of £299,549.60 ($369,358.32). 0.32% of the stock is currently owned by insiders.
HSBC Company Profile
(
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With assets of $3.0tn and operations in 62 countries and territories at 31 December 2022, HSBC is one of the largest banking and financial services organisations in the world. We serve approximately 39 million personal, wealth and corporate customers through three global businesses. We have around 180,000 shareholders in 126 countries and territories.
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