Standard Chartered (OTCMKTS:SCBFF) Trading 8.8% Higher

Standard Chartered PLC (OTCMKTS:SCBFF)’s share price was up 8.8% during trading on Wednesday . The stock traded as high as $8.50 and last traded at $8.50. Approximately 3,280 shares were traded during trading, a decline of 94% from the average daily volume of 53,272 shares. The stock had previously closed at $7.81.

Standard Chartered Trading Up 8.8 %

The stock has a 50-day simple moving average of $8.24 and a two-hundred day simple moving average of $8.10. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.84 and a current ratio of 0.84. The firm has a market cap of $22.64 billion, a PE ratio of 8.01 and a beta of 0.82.

Standard Chartered (OTCMKTS:SCBFF) last issued its quarterly earnings data on Friday, February 23rd. The company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.06). Standard Chartered had a net margin of 9.26% and a return on equity of 7.95%. The company had revenue of $4.37 billion for the quarter, compared to the consensus estimate of $4.32 billion. As a group, sell-side analysts anticipate that Standard Chartered PLC will post 1.56 EPS for the current year.

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.