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Standard Chartered (OTCMKTS:SCBFF) Sets New 12-Month High - Still a Buy?

Standard Chartered logo with Finance background

Shares of Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $18.12 and last traded at $18.12, with a volume of 1226 shares traded. The stock had previously closed at $18.11.

Standard Chartered Stock Performance

The firm's 50-day moving average price is $16.06 and its two-hundred day moving average price is $14.62. The firm has a market capitalization of $42.24 billion, a PE ratio of 12.31 and a beta of 0.73. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.46.

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

Standard Chartered Company Profile

(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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