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HSBC (LON:HSBA) Sets New 12-Month High - Here's What Happened

HSBC logo with Financial Services background

HSBC Holdings plc (LON:HSBA - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 960.80 ($13.05) and last traded at GBX 959.40 ($13.04), with a volume of 255295813 shares. The stock had previously closed at GBX 948.20 ($12.88).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a "hold" rating on shares of HSBC in a research note on Tuesday, April 29th.

View Our Latest Report on HSBC

HSBC Stock Up 1.3%

The business has a fifty day moving average of GBX 888.49 and a 200 day moving average of GBX 857.25. The firm has a market cap of £214.53 billion, a P/E ratio of 9.24, a P/E/G ratio of 5.97 and a beta of 0.52.

About HSBC

(Get Free Report)

With assets of $3.0tn and operations in 62 countries and territories at 31 December 2022, HSBC is one of the largest banking and financial services organisations in the world. We serve approximately 39 million personal, wealth and corporate customers through three global businesses. We have around 180,000 shareholders in 126 countries and territories.

Further Reading

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