Standard Chartered (OTCMKTS:SCBFF) Reaches New 1-Year High - What's Next?

Key Points

• Standard Chartered PLC reached a new 52-week high of $19.51 during trading on Friday, marking a slight increase from the previous close of $19.27.
• In its latest earnings report, Standard Chartered posted an EPS of $0.74, exceeding the consensus estimate of $0.60, along with a revenue of $5.51 billion against expectations of $5.07 billion.
• The company's market capitalization is approximately $44.97 billion, with a debt-to-equity ratio of 1.46 and a price-to-earnings ratio of 10.65.

Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report) reached a new 52-week high during trading on Friday . The stock traded as high as $19.51 and last traded at $19.51, with a volume of 69885 shares. The stock had previously closed at $19.27.

Standard Chartered Stock Up 0.0%

The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.46. The company has a market cap of $44.97 billion, a price-to-earnings ratio of 10.65 and a beta of 0.79. The firm's fifty day simple moving average is $18.18 and its 200 day simple moving average is $16.00.

Standard Chartered (OTCMKTS:SCBFF - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.60 by $0.14. Standard Chartered had a net margin of 12.27% and a return on equity of 10.73%. The company had revenue of $5.51 billion during the quarter, compared to analysts' expectations of $5.07 billion. Sell-side analysts predict that Standard Chartered PLC will post 1.66 earnings per share for the current year.

About Standard Chartered

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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