Shares of HSBC Holdings plc (NYSE:HSBC – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $45.46 and last traded at $45.44, with a volume of 1367656 shares. The stock had previously closed at $43.53.
HSBC Stock Up 3.7 %
The firm has a market capitalization of $169.32 billion, a P/E ratio of 7.78, a PEG ratio of 1.03 and a beta of 0.58. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.96 and a current ratio of 0.96. The stock has a 50 day moving average of $43.75 and a 200-day moving average of $41.52.
HSBC (NYSE:HSBC – Get Free Report) last posted its earnings results on Tuesday, April 30th. The financial services provider reported $1.70 EPS for the quarter. The business had revenue of $20.75 billion during the quarter. HSBC had a return on equity of 10.80% and a net margin of 16.13%. Research analysts predict that HSBC Holdings plc will post 6.4 earnings per share for the current fiscal year.
Institutional Investors Weigh In On HSBC
HSBC Company Profile
HSBC Holdings plc provides banking and financial services worldwide. The company operates through Wealth and Personal Banking, Commercial Banking, and Global Banking and Markets segments. The Wealth and Personal Banking segment offers retail banking and wealth products, including current and savings accounts, mortgages and personal loans, credit and debit cards, and local and international payment services; and wealth management services comprising insurance and investment products, global asset management services, investment management, and private wealth solutions.
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