ICICI Bank Ltd. (NYSE:IBN) shares gapped down before the market opened on Thursday . The stock had previously closed at $7.65, but opened at $7.67. ICICI Bank shares last traded at $7.88, with a volume of 4,690,328 shares.

Separately, JPMorgan Chase & Co. lowered shares of ICICI Bank from an “overweight” rating to a “neutral” rating in a research note on Thursday, June 16th.

The stock has a 50 day moving average of $7.54 and a 200-day moving average of $7.04. The stock has a market capitalization of $22.91 billion and a PE ratio of 15.10.

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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