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Standard Chartered (OTCMKTS:SCBFF) Hits New 52-Week High - Here's What Happened

Standard Chartered logo with Finance background

Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report) shares hit a new 52-week high on Monday . The stock traded as high as $17.57 and last traded at $17.57, with a volume of 234 shares traded. The stock had previously closed at $17.35.

Standard Chartered Price Performance

The firm's 50-day moving average is $15.84 and its two-hundred day moving average is $14.48. The company has a market cap of $41.10 billion, a P/E ratio of 11.98 and a beta of 0.73. The company has a debt-to-equity ratio of 1.46, a current ratio of 0.84 and a quick ratio of 0.84.

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

Further Reading

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