ICICI Bank Limited (NYSE:IBN - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $29.63 and traded as high as $29.90. ICICI Bank shares last traded at $29.68, with a volume of 2,037,285 shares traded.
ICICI Bank Trading Down 1.3 %
The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.74. The business has a 50 day moving average price of $30.44 and a 200-day moving average price of $29.63. The firm has a market capitalization of $103.29 billion, a PE ratio of 19.91, a P/E/G ratio of 2.09 and a beta of 0.99.
Institutional Investors Weigh In On ICICI Bank
A number of hedge funds and other institutional investors have recently bought and sold shares of IBN. Asset Dedication LLC increased its holdings in shares of ICICI Bank by 620.0% in the 3rd quarter. Asset Dedication LLC now owns 1,008 shares of the bank's stock valued at $30,000 after purchasing an additional 868 shares in the last quarter. ORG Wealth Partners LLC acquired a new position in ICICI Bank during the third quarter worth about $50,000. Tsfg LLC purchased a new position in ICICI Bank in the third quarter valued at about $53,000. Hobbs Group Advisors LLC acquired a new stake in shares of ICICI Bank during the 3rd quarter valued at approximately $54,000. Finally, JFS Wealth Advisors LLC boosted its stake in shares of ICICI Bank by 22.4% during the 3rd quarter. JFS Wealth Advisors LLC now owns 2,875 shares of the bank's stock worth $86,000 after acquiring an additional 526 shares in the last quarter. Institutional investors and hedge funds own 18.18% of the company's stock.
About ICICI Bank
(
Get Free Report)
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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