HSBC Holdings plc (NYSE:HSBC) is amongst leading buzzers in today’s session, as it opened at 32.04 and was last seen trading at 32.08. During the same session, the stock gained to hit a high of 32.10 and also made a low of 31.98. The last three months mean volume was 2917960 shares. As per the latest close, the market cap of HSBC Holdings, plc. Common Stoc stands at 134.20B.
Some topmost research firms have been studying the movement of the stock regularly. These groups have come up with earnings estimates and the expected stock trend in coming period. As per them, the interim price target is set at 39.67. The equity’s trailing EPS for the last fiscal is 3.75. First Call’s EPS projection for the approaching quarter is fixed at 0.00. Meanwhile, the EPS estimates for the next, and this fiscal is set at 5.16 and 4.69 respectively.
Street experts completed the technical study and updated on the basic data of stock. The first data is 50-day Moving Average, which of HSBC Holdings, plc. Common Stoc stands at 35.18. The last stock close pushes it -8.80% away from this 50-Day MA. Moreover, the equity price is -36.17% and +5.56% away from 52-week low and one-year high of 30.39 and 50.26, respectively.
Analysts use price-to-earnings ratio to know the valuation of a firm. It compares the latest price of a stock with EPS. HSBC Holdings plc (NYSE:HSBC) price to earnings ratio is calculated at 8.55. The research groups have set this fiscal’s P/E ratio estimate at 6.22, and next year at 6.84.
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