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Standard Chartered (OTCMKTS:SCBFF) Hits New 12-Month High - Still a Buy?

Standard Chartered logo with Finance background

Shares of Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $14.31 and last traded at $14.31, with a volume of 4043 shares. The stock had previously closed at $13.30.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded Standard Chartered from a "strong-buy" rating to a "hold" rating in a research report on Sunday, November 3rd.

Get Our Latest Stock Report on Standard Chartered

Standard Chartered Stock Up 7.6 %

The firm has a market cap of $35.13 billion, a PE ratio of 12.89 and a beta of 0.75. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.48. The business's 50-day simple moving average is $12.75 and its 200 day simple moving average is $11.38.

Standard Chartered Company Profile

(Get Free Report)

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.

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