HSBC Holdings plc (LON:HSBA – Get Free Report) insider Pam Kaur sold 45,267 shares of the firm’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of GBX 861 ($11.15), for a total transaction of £389,748.87 ($504,594.60).
HSBC Trading Up 0.7 %
Shares of LON HSBA traded up GBX 5.91 ($0.08) during trading hours on Wednesday, reaching GBX 847.51 ($10.97). The stock had a trading volume of 22,148,869 shares, compared to its average volume of 26,247,584. The firm has a market cap of £189.21 billion, a price-to-earnings ratio of 8.15, a PEG ratio of 5.97 and a beta of 0.52. The firm has a 50-day moving average of GBX 847.30 and a 200-day moving average of GBX 752.05. HSBC Holdings plc has a fifty-two week low of GBX 584 ($7.56) and a fifty-two week high of GBX 950.20 ($12.30).
Analyst Upgrades and Downgrades
Separately, Citigroup lifted their price target on HSBC from GBX 960 ($12.43) to GBX 1,070 ($13.85) and gave the stock a “buy” rating in a report on Thursday, March 6th.
HSBC Company Profile
With assets of $3.0tn and operations in 62 countries and territories at 31 December 2022, HSBC is one of the largest banking and financial services organisations in the world. We serve approximately 39 million personal, wealth and corporate customers through three global businesses. We have around 180,000 shareholders in 126 countries and territories.
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