Tag: ICICI Bank Limited

  • What changed for these 49 stocks in Pre Market Session

    What changed for these 49 stocks in Pre Market Session

    Lizhi Inc. (LIZI) stock plunged -8.14% to $4.4 in the pre-market trading after reporting that it entered in-car audio collaboration with Xpeng Motors. The most recent rating by Citigroup, on February 18, 2020, is a Buy.
    American Airlines Group Inc. (NASDAQ: AAL) shares are trading up 4.72% at $16.85 at the time of writing. Company’s 52-week ranged between $8.25 to $30.78.
    FuelCell Energy Inc. (FCEL) is up more than 5.01% at $7.75 in pre-market hours Friday December 04, 2020. The firm recently declared the pricing of its underwritten public offering of 34,518,539 shares of its common stock, at a public offering price of $6.50 per share. The stock had jumped over 1.93% to $7.38 in the last trading session.
    Before the trading started on December 04, 2020, AMC Entertainment Holdings Inc. (AMC) is up 5.51% to reach $3.83. It has been trading in a 52-week range of $1.95 to $8.78.
    Cinemark Holdings Inc. (CNK) stock soared 6.02% to $14.1 in the pre-market trading. The most recent rating by Loop Capital, on November 19, 2020, is a Hold.
    Iterum Therapeutics plc (ITRM), a Biotechnology company, dropped about -3.8% at $0.809 in pre-market trading Friday.
    Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) shares are trading up 3.7% at $26.36 at the time of writing following its announcement extension of suspension of voyages. Company’s 52-week ranged between $7.03 to $59.78. Analysts have a consensus price target of $26.
    Before the trading started on December 04, 2020, Jaguar Health Inc. (JAGX) is up 7.84% to reach $0.399. It has been trading in a 52-week range of $0.19 to $1.08.
    Transocean Ltd. (RIG), a Oil & Gas Drilling company, rose about 4.43% at $2.12 in pre-market trading Friday after declaring amendments to certain financing documents and internal reorganization transactions to resolve allegations contained in purported notices of default.
    Novan Inc. (NOVN) stock soared 19.92% to $0.67 in the pre-market trading. The most recent rating by Piper Jaffray, on January 06, 2020, is a Neutral.
    Li Auto Inc. (LI) lost over -2.48% at $31.51 in pre-market trading Friday December 04, 2020 following declaration its pricing of follow-on public offering of American depositary shares.
    Southwestern Energy Company (NYSE: SWN) shares are trading up 2.13% at $2.88 at the time of writing. Company’s 52-week ranged between $1.06 to $3.90. Analysts have a consensus price target of $2.40.
    Occidental Petroleum (OXY) is up more than 3.23% at $16.92 in pre-market hours Friday December 04, 2020. The company recently reported the release of its 2020 Climate Report, which provides a pathway detailing milestones to achieve its net-zero aspirations. The stock had jumped over 3.15% to $16.39 in the last trading session.
    Torchlight Energy Resources Inc. (TRCH) is up more than 6.9% at $0.48 in pre-market hours Friday December 04, 2020. The stock had jumped over 15.13% to $0.45 in the last trading session.
    TransGlobe Energy (TGA) grew over 2.82% at $0.659 in pre-market trading today following its agreement to merge, extend and modernize its eastern Desert concessions.
    Before the trading started on December 04, 2020, Catabasis Pharmaceuticals Inc. (CATB) is up 2.07% to reach $1.97. It has been trading in a 52-week range of $1.25 to $8.59.
    Inovio Pharmaceuticals Inc. (INO) stock moved up 8.07 percent to $13.53 in the pre-market trading after declaring the execution of an agreement with Kaneka Eurogentec S.A., for Eurogentec to manufacture INOVIO’s COVID-19 vaccine candidate INO-4800 at their industry-leading GMP plasmid production scales.
    Clovis Oncology Inc. (CLVS) is down more than -4.81% at $5.15 in pre-market hours Friday December 04, 2020. The stock had jumped over 11.09% to $5.41 in the last trading session.
    Cinedigm Corp. (CIDM) gained over 71.43% at $0.96 in pre-market trading Friday December 04, 2020 after reporting that its eight additional linear streaming channels are now Available on Rad’s fast-growing global streaming platform.
    Onconova Therapeutics Inc. (ONTX) stock plunged -1.9% to $0.3143 in the pre-market trading. The most recent rating by H.C. Wainwright, on March 01, 2018, is a Buy.
    Marvell Technology Group Ltd. (MRVL) stock plunged -5.1% to $43.2 in the pre-market trading after announcing a quarterly dividend of $0.06 per share of common stock payable on January 14, 2021 to shareholders of record as of December 23, 2020. The most recent rating by Craig Hallum, on October 30, 2020, is a Buy.
    QEP Resources Inc. (QEP) stock soared 5.0% to $2.1 in the pre-market trading. The most recent rating by JP Morgan, on July 20, 2020, is a Neutral.
    Arlo Technologies Inc. (NYSE: ARLO) shares are trading up 3.09% at $7.0 at the time of writing. The company recently revealed that Matthew McRae, CEO, and Gordon Mattingly, CFO, will present at the Raymond James Virtual Technology Investors Conference on Tuesday, December 8, 2020. Company’s 52-week ranged between $1.20 to $7.75. Analysts have a consensus price target of $6.
    Before the trading started on December 04, 2020, Nxt-ID Inc. (NXTD) is down -3.91% to reach $0.41. It has been trading in a 52-week range of $0.21 to $0.89.
    Halliburton Company (HAL) gained over 3.66% at $18.68 in pre-market trading Friday December 04, 2020 following its deal with Accenture (ACN), to accelerate Halliburton’s digital supply chain transformation and support digitalization within the Company’s manufacturing function.
    United Microelectronics (UMC) stock soared 10.32% to $8.55 in the pre-market trading. The most recent rating by Credit Suisse, on October 12, 2020, is an Outperform.
    Before the trading started on December 04, 2020, Cloudera Inc. (CLDR) is up 14.85% to reach $13.3 after reporting results for its third quarter of fiscal 2021, ended October 31, 2020. It has been trading in a 52-week range of $4.76 to $14.20.
    Before the trading started on December 04, 2020, Isoray Inc. (ISR) is down -4.92% to reach $0.47. It has been trading in a 52-week range of $0.35 to $1.06.
    iBio Inc. (AMEX: IBIO) shares are trading down -0.66% at $1.51 at the time of writing. The firm recently reported an agreement with Belgium-based ATB Therapeutics to produce its bioengineered antibody-toxin fusion proteins using iBio’s FastPharming® System. Company’s 52-week ranged between $0.14 to $7.45. Analysts have a consensus price target of $2.55.
    Centennial Resource Development Inc. (CDEV) stock soared 3.13% to $1.32 in the pre-market trading. The most recent rating by MKM Partners, on November 30, 2020, is a Neutral.
    BioCryst Pharmaceuticals Inc. (BCRX) is up more than 24.44% at $6.39 in pre-market hours Friday December 04, 2020 following the FDA Approval of ORLADEYO™ (berotralstat), First Oral, Once-daily Therapy to prevent attacks in Hereditary Angioedema patients. The stock had jumped over 1.88% to $5.14 in the last trading session.
    Borr Drilling Limited (BORR) is up more than 6.86% at $0.854 in pre-market hours Friday December 04, 2020. The stock had dropped over -1.78% to $0.80 in the last trading session.
    Before the trading started on December 04, 2020, Blink Charging Co. (BLNK) is up 4.14% to reach $23.64 after declaring an agreement with JSC Management Group, a large Burger King franchisee, to deploy numerous EV charging stations at key Burger King locations across the Northeast. It has been trading in a 52-week range of $1.25 to $34.67.
    Banco Santander S.A. (SAN) grew over 3.74% at $3.33 in pre-market trading today.
    Kandi Technologies Group Inc. (NASDAQ: KNDI) shares are trading up 2.98% at $8.3 at the time of writing. Company’s 52-week ranged between $2.17 to $17.45.
    InVivo Therapeutics Holdings Corp. (NVIV) lost over -4.67% at $0.6101 in pre-market trading Friday December 04, 2020.
    Aehr Test Systems (AEHR), a Semiconductor Equipment & Materials company, dropped about -8.74% at $1.88 in pre-market trading Friday after receiving $4.3 million order for initial FOX-XP™ test cell for production test of mobile sensor devices.
    ICICI Bank Limited (IBN) grew over 4.48% at $13.75 in pre-market trading today.
    NanoVibronix Inc. (NAOV) stock moved down -7.96 percent to $1.04 in the pre-market trading following the announcement of $6.0 million private placement.
    DocuSign Inc. (DOCU), a Software – Application company, rose about 4.43% at $241.25 in pre-market trading Friday.
    Dada Nexus Limited (DADA) is up more than 4.4% at $47.2 in pre-market hours Friday December 04, 2020 after reporting that Dada Now has partnered with dozens of cake chain brands across China, doubling the number of cooperating stores year-over-year as of November 2020. The stock had dropped over -15.65% to $45.21 in the last trading session.
    Salarius Pharmaceuticals Inc. (SLRX) stock moved up 1.85 percent to $1.1 in the pre-market trading.
    Auris Medical Holding Ltd. (NASDAQ: EARS) shares are trading down -3.23% at $3.3 at the time of writing after it pricing $8,000,000 common shares offering priced at-the-market. Company’s 52-week ranged between $0.65 to $6.60. Analysts have a consensus price target of $2.50.
    Acasti Pharma Inc. (ACST) lost over -2.94% at $0.33 in pre-market trading Friday December 04, 2020.
    Micro Focus International plc (MFGP) is up more than 6.3% at $6.07 in pre-market hours Friday December 04, 2020. The firm recently declared the findings of its ‘Endless Modernization’ research with Standish Group. The stock had jumped over 14.66% to $5.71 in the last trading session.
    BP p.l.c. (BP), a Oil & Gas Integrated company, rose about 4.54% at $22.33 in pre-market trading Friday.
    Tantech Holdings Ltd (NASDAQ: TANH) shares are trading up 4.27% at $1.71 at the time of writing after announcing the launch by its subsidiary, Shangchi Automobile Co., Ltd. (“Shangchi Automobile”), of its newest highly innovative driverless and autonomous street sweeper. Company’s 52-week ranged between $0.81 to $3.65.
    Trine Acquisition Corp. (TRNE) gained over 7.05% at $15.49 in pre-market trading Friday December 04, 2020.
    Enlivex Therapeutics Ltd. (ENLV) grew over 5.26% at $12.0 in pre-market trading today after reporting positive interim results of an investigator-initiated Phase II clinical trial evaluating AllocetraTM in severe and critical COVID-19 patients.

  • 15 Banking Industry Stock You Should Add In Your Buying List

    15 Banking Industry Stock You Should Add In Your Buying List

    Banking Industry is continuously striving to improve the experience of customers either with their applications or simplifying customers’ journey by introducing omnichannel. This industry is adopting digitization and new technologies to provide best-in-class services to customers. The ongoing pandemic has hit the banking industry badly as the sources of revenue plummeted and credit risk increases exponentially.

    But the rising customer demands and the competitive market have forced the banking industry to explore new business models. These new business models help the banking industry to meet the need of its clients. Banks are continuously taking appropriate measures to protect the interest of employees society and shareholders even though the competition is tough.

    The following are the leading companies in the bank regional industry. Let see how these companies are fulfilling the demands of its customers:

    Regions Financial Corporation (NYSE: RF)

    Regions Financial Corporation (NYSE: RF) stock soar by 4.86% to $12.94 after Regions reports third quarter 2020 earnings of $501 million, up 30 percent over the prior year, and earnings per share of $0.52, up 33 percent. The most recent rating by Odeon, on September 15, 2020, is at a Buy. Regions Financial Corporation (RF) has moved up 86.46% from its 52-weeks low and moved down -26.23% from its 52-weeks low. Regions Financial Corporation’s market cap has remained high, hitting $12.49 billion at the time of writing.

    Huntington Bancshares Incorporated (NASDAQ: HBAN)

    Huntington Bancshares Incorporated (NASDAQ: HBAN) rose 3.78% after gaining more than $0.36 on Tuesday. Huntington Bancshares Incorporated has announced Tuesday that it has started Debt Tender Offers. Huntington Bancshares Incorporated (HBAN) announced this offer to buy up to the applicable aggregate maximum principal amount of its outstanding notes. It has a total market capitalization of 10.04 billion at the time of writing.

    KeyCorp (NYSE: KEY)

    KeyCorp (NYSE: KEY) shares headed rising, higher as much as 2.35%. The most recent rating by Wolfe Research, on July 31, 2020, is at an Underperform. KeyCorp (KEY) has earlier revealed that it has joined Entrepreneur magazine’s list of Top Franchise Suppliers, ranking the regional bank among some of the best in the nation to empower franchisees to launch, grow, expand, or evolve their businesses.

    First Horizon National Corporation (FHN)

    First Horizon National Corporation (FHN) last closed at $10.80, in a 52-week range of $6.27 to $17.42. Analysts have a consensus price target of $12.27. First Horizon National Corporation (FHN) has announced that the firm’s continued expansion of its Public Finance Department. Joining our team in New York City are Evan Levine and Crystal Mullins.

    Truist Financial Corporation (NYSE: TFC)

    Truist Financial Corporation (NYSE: TFC) rose 1.25% after gaining more than $0.52 on Tuesday. Truist Expands Industry Consulting Team with Focus on Beverage Industry. Truist Financial Corporation (TFC) has moved up 75.30% from its 52-weeks low and moved down -26.05% from its 52-weeks low. Truist Financial Corporation’s market cap has remained high, hitting $57.35 billion at the time of writing.

    Fifth Third Bancorp (NASDAQ: FITB)

    Fifth Third Bancorp (NASDAQ: FITB) last closed at $23.75, in a 52-week range of $11.10 to $31.64. Fifth Third Bank Named to the Diversity Best Practices Inclusion Index. Analysts have a consensus price target of $25.18. Fifth Third Bancorp (FITB) has moved up 113.96% from its 52-weeks low and moved down -24.94% from its 52-weeks low. Fifth Third Bancorp’s market cap has remained high, hitting $17.02 billion at the time of writing.

    Citizens Financial Group Inc. (NYSE: CFG)

    Citizens Financial Group Inc. (NYSE: CFG) stock soar by 3.68% to $27.62. The most recent rating by Wolfe Research, on July 31, 2020, is at an Underperform. Citizens Financial Group Inc. (CFG) has earlier shared the 2020 third-quarter financial results. Citizens Financial Group Inc.’s market cap has remained high, hitting $12.36 billion at the time of writing.

    Deutsche Bank Aktiengesellschaft (NYSE: DB)

    Deutsche Bank Aktiengesellschaft (NYSE: DB) stock soar by 3.45% to $9.60. The most recent rating by Societe Generale, on October 01, 2020, is at a Hold. Deutsche Bank Aktiengesellschaft (DB) has disclosed earlier that it has been named as depositary bank for the NYSE-listed American Depositary Receipt program of iHuman Inc.

    Itau Unibanco Holding S.A. (NYSE: ITUB)

    Itau Unibanco Holding S.A. (NYSE: ITUB) shares were trading up 4.61% at $4.31 at the time of writing on Tuesday. Itau Unibanco Holding S.A. (NYSE: ITUB) share price went from a low point around $3.47 to briefly over $9.23 in the past 52 weeks, though shares have since pulled back to $4.31. ITUB market cap has remained high, hitting $42.16B at the time of writing, giving it a price-to-sales ratio of more than 1. If we look at the recent analyst rating ITUB, Goldman downgraded coverage on ITUB shares with a Neutral rating and a $6.40 price target, which implies room for 2.09% upside momentum this year.

    U.S. Bancorp (NYSE: USB)

    U.S. Bancorp (NYSE: USB) rose 0.62% after gaining more than $0.24 on Tuesday. U.S. Bancorp (USB) has earlier shared the 2020 third-quarter result. Looking at its profitability, it has return on assets, return on equity and return on investment of 1.20%, 13.10%, and 11.70%. Its market cap has remained high, hitting $59.06 billion at the time of writing.

    Banco Bradesco S.A. (NYSE: BBD)

    Banco Bradesco S.A. (NYSE: BBD) last closed at $3.84, in a 52-week range of $2.67 to $8.38. Analysts have a consensus price target of $6.26. Banco Bradesco S.A. (BBD) has moved up 43.96% from its 52-weeks low and moved down -54.19% from its 52-weeks low. Banco Bradesco S.A.’s market cap has remained high, hitting $33.93 billion at the time of writing.

    Lloyds Banking Group plc (NYSE: LYG)

    Lloyds Banking Group plc (NYSE: LYG) stock drop by 0.00% to $1.35. The most recent rating by Credit Suisse, on July 23, 2020, is at an Outperform. Lloyds Banking Group plc (LYG) share price went from a low point around $1.17 to briefly over $3.58 in the past 52 weeks, though shares have since pulled back to $1.35. LYG market cap has remained high, hitting $24.49 Billion at the time of writing.

    CIT Group Inc. (NYSE: CIT)

    CIT Group Inc. (NYSE: CIT) shares headed rising, higher as much as 2.77%. The most recent rating by Oppenheimer, on July 21, 2020, is at a Perform. CIT Group Inc. (NYSE: CIT) has moved up 125.12% from its 52-weeks low and moved down -44.73% from its 52-weeks low. CIT Group Inc’s market cap has remained high, hitting $2.10 billion at the time of writing.

    New York Community Bancorp Inc. (NYSE: NYCB)

    New York Community Bancorp Inc. (NYSE: NYCB) shares headed rising, higher as much as 1.34%. The most recent rating by Compass Point, on April 14, 2020, is at a Neutral. New York Community Bancorp Inc. (NYCB) share price went from a low point around $7.99 to briefly over $13.79 in the past 52 weeks, though shares have since pulled back to $8.33. NYCB market cap has remained high, hitting $3.86 Billion at the time of writing.

    ICICI Bank Limited (NYSE: IBN)

    ICICI Bank Limited (NYSE: IBN) last closed at $11.38, in a 52-week range of $6.86 to $15.42. Analysts have a consensus price target of $13.65. ICICI Bank Limited (IBN) has moved up 65.89% from its 52-weeks low and moved down -26.20% from its 52-weeks low. IBN’s market cap has remained high, hitting $38.23 billion at the time of writing.

     

     

     

  • 12 Trending Stocks In Banking Industry That Need Your Attention

    The banking industry is in a period of transition and is continuously adopting digitization and new emerging technologies. Technologies such as artificial intelligence and machine learning have recently been adopted by the industry to cope up with the uncertainties brought by the COVID-19. The main focus of the banking industry is the customer and banks try to provide a frictionless experience to its customers.

    There are various trends in the banking industry that are continuously followed by the leading companies of the industry. The trends include the omnichannel strategy for the customer, digital onboarding, artificial-driven decision banking, and innovation through fintech collaboration. These are the few trends that are followed by the banking industry to compete in the fast-growing market.

    Here are the 12 leading companies in the bank regional industry that need your attention:

    Itau Unibanco Holding S.A. (NYSE: ITUB)

    Itau Unibanco Holding S.A. (NYSE: ITUB) shares were trading up 7.02% at $4.27 at the time of writing on Thursday. Itau Unibanco Holding S.A. (NYSE: ITUB) share price went from a low point around $3.47 to briefly over $9.23 in the past 52 weeks, though shares have since pulled back to $4.27. ITUB market cap has remained high, hitting $40.98B at the time of writing, giving it a price-to-sales ratio of more than 1.

    Brazil’s largest lender Itau Unibanco Holding SA has earlier laid off at least 130 employees in its car loan unit. If we look at the recent analyst rating ITUB, Goldman downgraded coverage on ITUB shares with a Neutral rating and a $6.40 price target, which implies room for 2.13% upside momentum this year.

    Banco Bradesco S.A. (NYSE: BBD)

    Banco Bradesco S.A. (NYSE: BBD) last closed at $3.68, in a 52-week range of $2.67 to $8.38. Banco Bradesco S.A. (BBD) has earlier revealed that it has laid off about 70 employees, ending a pledge not to cut jobs during the coronavirus pandemic, a union representing bank employees revealed earlier. This company market capitalization has remained high, hitting $32.51 billion.

    Regions Financial Corporation (NYSE: RF)

    Regions Financial Corporation (NYSE: RF) shares headed rising, higher as much as 2.60%. The most recent rating by Odeon, on September 15, 2020, is at a Buy. Regions Financial Corporation (RF) will participate in the BancAnalysts Association of Boston Conference on Thursday, Nov. 5, 2020. This company market capitalization has remained high, hitting $12.08 billion.

    KeyCorp (NYSE: KEY)

    KeyCorp (NYSE: KEY) last closed at $13.31, in a 52-week range of $7.45 to $20.52. KeyBank Rises to 7th Among Nation’s Top Banks For SBA 7(a) Lending. Analysts have a consensus price target of $13.81. KeyCorp (KEY) KeyBank now ranks 7th nationally among suppliers of 7(a) loans for the SBA’s FY 2020. KeyBank secured $316 million in approved 7(a) dollars over the course of the year.

    Huntington Bancshares Incorporated (NASDAQ: HBAN)

    Huntington Bancshares Incorporated (NASDAQ: HBAN) last closed at $10.03, in a 52-week range of $6.82 to $15.63. Huntington Bank Takes Top Spot Nationally For SBA 7(a) Loan Origination By Volume For Third Consecutive Year. Analysts have a consensus price target of $10.71. Huntington Bancshares Incorporated (HBAN) has a market capitalization of 10.01 billion at the time of writing.

    First Horizon National Corporation (NYSE: FHN)

    First Horizon National Corporation (NYSE: FHN) rose 1.78% after gaining more than $0.19 on Thursday. First Horizon National Corporation (FHN) will announce third-quarter financial results in a news release, financial supplement, and slide presentation, before the market opening on October 23, 2020.

    Carver Bancorp Inc. (NASDAQ: CARV)

    Carver Bancorp Inc. (NASDAQ: CARV) stock soar by 14.26% to $7.53. Carver Bancorp Inc. (CARV) share price went from a low point around $1.25 to briefly over $22.97 in the past 52 weeks. It has moved up 457.60% from its 52-weeks low and moved down -69.66% from its 52-weeks low. This company market capitalization has remained high, hitting $21.23 million at the time of writing.

    ICICI Bank Limited (NYSE: IBN)

    ICICI Bank Limited (NYSE: IBN) rose 1.69% after gaining more than $0.18 on Thursday. ICICI Bank Limited (IBN) share price went from a low point around $6.86 to briefly over $15.42 in the past 52 weeks, though shares have since pulled back to $11.01. IBN market cap has remained high, hitting $36.54 billion at the time of writing.

    U.S. Bancorp (NYSE: USB)

    U.S. Bancorp (NYSE: USB) stock soar by 1.83% to $39.50. The most recent rating by BofA Securities, on October 07, 2020, is at a Neutral. U.S. Bancorp (USB) share price went from a low point around $28.36 to briefly over $61.11 in the past 52 weeks, though shares have since pulled back to $39.50. USB market cap has remained high, hitting $58.26 billion at the time of writing.

    Lloyds Banking Group plc (NYSE: LYG)

    Lloyds Banking Group plc (NYSE: LYG) shares headed rising, higher as much as 2.88%. The most recent rating by Credit Suisse, on July 23, 2020, is at an Outperform. Lloyds Banking Group plc (LYG) stock has fluctuated between the 52-weeks low and high range of $1.17 and $3.58, respectively. It has moved up 20.94% from its 52-weeks low and moved down -60.47% from its 52-weeks low. This company market capitalization has remained high, hitting $25.70 billion at the time of writing.

    Broadway Financial Corporation (BYFC)

    Broadway Financial Corporation (BYFC) stock soar by 3.87% to $1.88. Broadway Financial Corporation (BYFC) share price went from a low point around $ 1.04 to briefly over $7.23 in the past 52 weeks, though shares have since pulled back to $1.88. It has moved up 73.49% from its 52-weeks low and moved down -75.04% from its 52-weeks low.  BYFC market cap has remained high, hitting $36.92 Million at the time of writing.

    Truist Financial Corporation (NYSE: TFC)

    Truist Financial Corporation (NYSE: TFC) shares headed rising, higher as much as 2.45%. The most recent rating by Wolfe Research, on July 31, 2020, is at an Outperform. Truist Financial Corporation (TFC) has moved up 77.93% from its 52-weeks low and moved down -24.95% from its 52-weeks low. This company market capitalization has remained high, hitting $56.24 billion.