Infosys Ltd ADR (NYSE:INFY) shares traded 0.22% higher at $22.31 on Wall Street last session.
INFY stock price is now 10.47% away from the 50-day moving average and 19.72% away from the 200-day moving average. The market capitalization of the company currently stands at $92.63B.
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, while ‘HSBC Securities’ rates the stock as ‘Buy’
In other news, INDERPREET SAWHNEY, Officer bought 14,000 shares of the company’s stock on Aug 19 ’24. The stock was bought for $311,087 at an average price of $22.22. A total of 0.01% of the company’s stock is owned by insiders.
During the past 12 months, Infosys Ltd ADR has had a low of $15.95 and a high of $22.94. As of last week, the company has a debt-to-equity ratio of 0.10, a current ratio of 1.88, and a quick ratio of 1.88. According to the stock market information, the enterprise value for the company is $90430152704, which is based on a 28.83 price-to-earnings ratio, a 1.95 price-to-earnings-growth ratio, and a beta of 0.98. The fifty day moving average price for INFY is $20.282 and a two-hundred day moving average price translates $18.7394 for the stock.
The latest earnings results from Infosys Ltd ADR (NYSE: INFY) was released for 2024-06-30. The net profit margin was 17.19% and return on equity was 33.70% for INFY. The company reported revenue of $4.71 billion for the quarter, compared to $4.62 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.1 percent. For the current quarter, analysts expect INFY to generate $4.85B in revenue.
