Standard Chartered (OTCMKTS:SCBFF) Releases Earnings Results

Standard Chartered (OTCMKTS:SCBFF) released its quarterly earnings data on Friday. The company reported $0.28 earnings per share (EPS) 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 Up 5.1 %

Shares of OTCMKTS:SCBFF opened at $15.00 on Friday. The company has a market capitalization of $36.83 billion, a price-to-earnings ratio of 13.52 and a beta of 0.75. Standard Chartered has a 12-month low of $7.47 and a 12-month high of $15.00. The business has a 50-day moving average price of $12.89 and a 200 day moving average price of $11.50. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.48.

Analyst Ratings Changes

Separately, The Goldman Sachs Group downgraded shares of Standard Chartered from a “strong-buy” rating to a “hold” rating in a 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.