Infosys Ltd ADR (NYSE:INFY) traded at $23.18 at close of the session on Tuesday, November 26 and made an upward move of 1.49% on its previous day’s price.
Looking at the stock we see that its previous close was $22.84 and the beta (5Y monthly) reads 0.626 with the day’s price range being $22.9 – $23.2. The company has a trailing 12-month PE ratio of 29.73. In terms of its 52-week price range, INFY has a high of $23.48 and a low of $15.95. The company’s stock has gained about 5.03% over that past 30 days.
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Infosys Ltd ADR has a market cap of $96.25 billion and is expected to release its quarterly earnings report in December. With its Forward Dividend at 0.58 and a yield of 2.52%, the company’s investors could be anxious for the INFY stock to gain ahead of the earnings release.
On the other hand, looking at the outlook for the INFY stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 100% Buy.
Based on estimates by 8 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 4 have rated the Infosys Ltd ADR (INFY) stock as a Hold, while 3 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the INFY stock currently stands at 3.61, and the current price level is 6.68% off its SMA20 and 4.24% from its 50-day simple moving average. The RSI (14) is pointing at 68.30 while the volatility over the past week is 1.56% and jumps to 1.50% over the past one month. The beta value is 1.01, while the average true range (ATR) is currently pointing at 0.40. The average price target for the stock over the next 12 months is $20.05, with the estimates having a low of $14 and a high of $25. These price ends are 39.6% and -7.85% off the current price level respectively, although investors could be excited at the prospect of a 13.5% if the INFY share price touches on the median price of $20.05.
Coming back to Infosys Ltd ADR (NYSE:INFY), we note that the average 3-month trading volume was 8.01 million, while that of the preceding 10-day period stands at 6.84 million. Current shares outstanding are 4.15 billion.
The insiders hold 0.00% of the company’s shares while institutions hold 11.37%. The data shows that short shares as of 2024-11-15, stood at 87.82 million at a short ratio of 9.83. This represents a 217.00 short interest in shares outstanding on 2024-11-15. Shares short rose in November from the previous month at 67.43 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 26.83% up in year-to-date price movement.
