Standard Chartered PLC (OTCMKTS:SCBFF - Get Free Report) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totalling 288,600 shares, a growth of 49.6% from the August 31st total of 192,900 shares. Based on an average daily trading volume, of 10,500 shares, the days-to-cover ratio is presently 27.5 days.
SCBFF stock remained flat at $9.90 on Friday. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.48. Standard Chartered has a twelve month low of $7.06 and a twelve month high of $10.44. The business's 50 day moving average price is $9.57 and its two-hundred day moving average price is $9.17. The firm has a market capitalization of $25.37 billion, a price-to-earnings ratio of 8.92 and a beta of 0.75.
Standard Chartered (OTCMKTS:SCBFF - Get Free Report) last released its earnings results on Tuesday, July 30th. The company reported $0.45 EPS for the quarter. The company had revenue of $4.66 billion during the quarter. Standard Chartered had a return on equity of 8.80% and a net margin of 8.56%. Research analysts expect that Standard Chartered will post 1.66 earnings per share for the current fiscal year.
The firm also recently announced a dividend, which will be paid on Thursday, October 10th. Stockholders of record on Friday, August 9th will be paid a $0.09 dividend. This represents a dividend yield of 1.05%. The ex-dividend date of this dividend is Thursday, August 8th. Standard Chartered's dividend payout ratio is presently 16.22%.
Separately, UBS Group raised Standard Chartered to a "strong-buy" rating in a research report on Thursday, August 1st.
Read Our Latest Report on 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.
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