ICICI Bank Ltd. (IBN) Shares Gap Up to $7.53
ICICI Bank Ltd. (NYSE:IBN)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $7.46, but opened at $7.53. ICICI Bank shares last traded at $7.72, with a volume of 4,590,723 shares traded.
A number of equities analysts recently commented on IBN shares. JPMorgan Chase & Co. cut shares of ICICI Bank from an “overweight” rating to a “neutral” rating in a research report on Thursday, June 16th. Goldman Sachs Group Inc. cut shares of ICICI Bank from a “buy” rating to a “neutral” rating in a research report on Tuesday, May 3rd.
The stock has a market cap of $22.30 billion and a PE ratio of 14.69. The stock’s 50-day moving average price is $7.55 and its 200-day moving average price is $7.03.
ICICI Bank Limited is a banking company. The Bank is a financial services group providing a range of banking and financial services including commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking and treasury products and services.
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