Standard Chartered (OTCMKTS:SCBFF) Announces Earnings Results

Standard Chartered (OTCMKTS:SCBFFGet Free Report) announced its quarterly earnings data on Friday. The company reported $0.28 EPS for the quarter, Zacks reports. The business had revenue of $4.80 billion during the quarter. Standard Chartered had a net margin of 8.56% and a return on equity of 8.80%.

Standard Chartered Trading Up 5.1 %

Standard Chartered stock opened at $15.00 on Friday. The firm has a market cap of $36.83 billion, a PE 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 stock’s 50 day simple moving average is $12.89 and its two-hundred day simple moving average is $11.52. 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 cut shares of Standard Chartered from a “strong-buy” rating to a “hold” rating in a report on Sunday, November 3rd.

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About Standard Chartered

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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.

Further Reading

Earnings History for Standard Chartered (OTCMKTS:SCBFF)

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