Infosys Ltd ADR (NYSE:INFY) shares, rose in value, with the stock price down by -0.83% to the previous day’s close as strong demand from buyers drove the stock to $21.57.
Actively observing the price movement in the recent trading, the stock is buoying the session at $21.75, falling within a range of $21.495 and $21.629. The value of beta (5-year monthly) is 0.626 whereas the PE ratio is 27.07 over 12-month period. Referring to stock’s 52-week performance, its high was $23.63, and the low was $15.95. On the whole, INFY has fluctuated by -4.18% over the past month.
With the market capitalization of Infosys Ltd ADR currently standing at about $89.56 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.49, with its dividend yield at 2.26%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.64T, with a low estimate of 416.52B and a high estimate of 424.13B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 420.69B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that INFY’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 4.18, with the price of INFY currently trading nearly -0.93% and -3.58% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.31, while the 7-day volatility ratio is showing 1.48% which for the 30-day chart, stands at 1.67%. Furthermore, Infosys Ltd ADR (INFY)’s beta value is 0.99, and its average true range (ATR) is 0.39.
A comparison of Infosys Ltd ADR (INFY) with its peers suggests the former has fared considerably weaker in the market. INFY showed an intraday change of -0.83% in today’s session so far, and over the past year, it grew by 7.71%%.
Data on historical trading for Infosys Ltd ADR (NYSE:INFY) indicates that the trading volumes over the past 10 days have averaged 8.99 and over the past 3 months, they’ve averaged 7.90 million. According to company’s latest data on outstanding shares, there are 4.15 billion shares outstanding.
Nearly 0.00% of Infosys Ltd ADR’s shares belong to company insiders and institutional investors own 11.70% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 89.18 million shares as on 2024-12-31, resulting in a short ratio of 15.37. According to the data, the short interest in Infosys Ltd ADR (INFY) stood at 221.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 90.38 million. The stock has fallen by -1.60% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the INFY stock heading into the next quarter.
