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Standard Chartered (OTCMKTS:SCBFF) Trading 1.5% Higher - Should You Buy?

Standard Chartered logo with Finance background

Shares of Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report) traded up 1.5% during trading on Friday . The stock traded as high as $16.55 and last traded at $16.55. 4,270 shares traded hands during mid-day trading, a decline of 10% from the average session volume of 4,733 shares. The stock had previously closed at $16.31.

Standard Chartered Price Performance

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 business's 50-day simple moving average is $15.46 and its two-hundred day simple moving average is $14.22. The firm has a market cap of $38.62 billion, a price-to-earnings ratio of 11.26 and a beta of 0.73.

Standard Chartered (OTCMKTS:SCBFF - Get Free Report) last posted its quarterly earnings data 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 during the quarter, compared to analysts' expectations of $5.07 billion. As a group, research analysts expect that Standard Chartered PLC will post 1.66 EPS 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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