HDFC Bank (HDB) Receives Media Impact Score of 0.26
Press coverage about HDFC Bank (NYSE:HDB) has been trending positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. HDFC Bank earned a coverage optimism score of 0.26 on Accern’s scale. Accern also gave press coverage about the bank an impact score of 47.0219813312629 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
HDFC Bank (NYSE:HDB) traded down $0.08 during trading on Tuesday, reaching $101.36. 369,775 shares of the company’s stock were exchanged, compared to its average volume of 720,190. The firm has a market capitalization of $75,510.00, a P/E ratio of 83.77, a PEG ratio of 1.12 and a beta of 0.91. HDFC Bank has a 1 year low of $68.89 and a 1 year high of $110.77.
Separately, Zacks Investment Research downgraded shares of HDFC Bank from a “buy” rating to a “hold” rating in a report on Wednesday, January 17th.
About HDFC Bank
HDFC Bank Limited (the Bank) is a holding company. The Bank offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side. It also offers financial services. The Bank’s segments include Treasury, Retail banking, Wholesale banking and Other banking business.
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