HSBC Holdings plc ADR [NYSE: HSBC] gained 0.81% or 0.47 points to close at $58.24 with a heavy trading volume of 7055293 shares.
The daily chart for HSBC points out that the company has recorded 33.42% gains over the past six months.
If we look at the average trading volume of 1.38M shares, HSBC reached to a volume of 7055293 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about HSBC Holdings plc ADR [HSBC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HSBC shares is $56.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HSBC stock is a recommendation set at 1.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Deutsche Bank have made an estimate for HSBC Holdings plc ADR shares, keeping their opinion on the stock as Hold, with their previous recommendation back on February 03, 2025. The new note on the price target was released on March 27, 2024, representing the official price target for HSBC Holdings plc ADR stock.
The Average True Range (ATR) for HSBC Holdings plc ADR is set at 0.89, with the Price to Sales ratio for HSBC stock in the period of the last 12 months amounting to 1.43. The Price to Book ratio for the last quarter was 1.26.
Trading performance analysis for HSBC stock
HSBC Holdings plc ADR [HSBC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.25. With this latest performance, HSBC shares gained by 11.79% in over the last four-week period, additionally plugging by 33.42% over the last 6 months – not to mention a rise of 56.07% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HSBC stock in for the last two-week period is set at 76.92, with the RSI for the last a single of trading hit 78.59, and the three-weeks RSI is set at 75.22 for HSBC Holdings plc ADR [HSBC]. The present Moving Average for the last 50 days of trading for this stock 51.56, while it was recorded at 56.75 for the last single week of trading, and 46.15 for the last 200 days.
HSBC Holdings plc ADR [HSBC]: A deeper dive into fundamental analysis
HSBC Holdings plc ADR’s liquidity data is similarly interesting compelling, with a Current Ratio set at 1.46.
HSBC Holdings plc ADR [HSBC]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HSBC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for HSBC Holdings plc ADR go to 4.63%.
An analysis of Institutional ownership at HSBC Holdings plc ADR [HSBC]
The top three institutional holders of HSBC stocks are: DIMENSIONAL FUND ADVISORS LP with ownership of 11.16 million shares, which is approximately 0.2986%. MORGAN STANLEY, holding 6.45 million shares of the stock with an approximate value of $$280.6 million in HSBC stocks shares; and MORGAN STANLEY, currently with $$250.26 million in HSBC stock with ownership which is approximately 0.1539%.
