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Standard Chartered (OTCMKTS:SCBFF) Reaches New 1-Year High - Here's Why

Standard Chartered logo with Finance background

Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The company traded as high as $16.82 and last traded at $16.82, with a volume of 293 shares trading hands. The stock had previously closed at $16.55.

Standard Chartered Stock Up 0.3%

The company has a debt-to-equity ratio of 1.46, a current ratio of 0.84 and a quick ratio of 0.84. The company has a 50-day simple moving average of $15.56 and a 200-day simple moving average of $14.30. The firm has a market cap of $39.26 billion, a PE ratio of 11.45 and a beta of 0.73.

Standard Chartered (OTCMKTS:SCBFF - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.03. The company had revenue of $5.39 billion during the quarter, compared to analysts' expectations of $5.07 billion. Standard Chartered had a net margin of 10.44% and a return on equity of 9.52%. Analysts expect that Standard Chartered PLC will post 1.66 earnings per share for the current fiscal year.

About Standard Chartered

(Get Free Report)

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.

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