Standard Chartered (OTCMKTS:SCBFF – Get Free Report) announced its earnings results on Friday. The company reported $0.28 earnings per share for the quarter, Zacks reports. Standard Chartered had a net margin of 8.56% and a return on equity of 8.80%.
Standard Chartered Stock Performance
Shares of OTCMKTS SCBFF traded down $0.10 during midday trading on Friday, hitting $14.28. The company’s stock had a trading volume of 2,298 shares, compared to its average volume of 3,587. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.84 and a current ratio of 0.84. Standard Chartered has a 1-year low of $7.43 and a 1-year high of $14.50. The firm’s fifty day moving average price is $12.84 and its 200-day moving average price is $11.45. The firm has a market cap of $35.05 billion, a P/E ratio of 12.86 and a beta of 0.75.
Analyst Ratings Changes
Separately, The Goldman Sachs Group cut shares of Standard Chartered from a “strong-buy” rating to a “hold” rating in a research report on Sunday, November 3rd.
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.
Featured Stories
- Five stocks we like better than Standard Chartered
- When to Sell a Stock for Profit or Loss
- 3 Stocks Poised to Thrive as NVIDIA Dominates the AI Boom
- Investing in Commodities: What Are They? How to Invest in Them
- MercadoLibre: High-Growth EM Stock With 100% Upside Potential
- How to invest in marijuana stocks in 7 steps
- As the Magnificent 7 Stalls, These 3 Stocks Are Gaining Momentum
Receive News & Ratings for Standard Chartered Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Chartered and related companies with MarketBeat.com's FREE daily email newsletter.
