Standard Chartered (OTCMKTS:SCBFF) Reaches New 1-Year High – Should You Buy?

Standard Chartered PLC (OTCMKTS:SCBFF)’s stock price hit a new 52-week high during trading on Friday . The company traded as high as $14.31 and last traded at $14.31, with a volume of 4043 shares. The stock had previously closed at $13.30.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered shares of Standard Chartered from a “strong-buy” rating to a “hold” rating in a report on Sunday, November 3rd.

Standard Chartered Stock Performance

The company’s 50-day moving average price is $12.71 and its 200 day moving average price is $11.33. 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 stock has a market capitalization of $35.13 billion, a PE ratio of 12.89 and a beta of 0.75.

Standard Chartered Company Profile

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.