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ALLAHABAD BANK (India) Stock Analysis

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ALBK -- India Stock  

INR 14.25  0.20  1.42%

The big decline in price over the last few months for ALLAHABAD BANK could raise concerns from investors as the firm closed today at a share price of 14.0 on very low momentum in volume. The company management failed to add value to investors and positioning the firm supply of money to exploit market volatility in January. However, diversifying your holdings with ALLAHABAD BANK or any similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 30 days (very short) investing horizon is currently 2.66. The current volatility is consistent with the ongoing market swings in January 2020 as well as with ALLAHABAD BANK unsystematic, company specific events. The ALLAHABAD BANK financial analysis interface makes it easy to digest most current publicly released information about ALLAHABAD BANK as well as get updates on important government artifacts including earning estimates, SEC corporate filings and announcements. ALLAHABAD stock analysis module also helps to analyze ALLAHABAD BANK price relationship with some important fundamental indicators such as market cap and management efficiency. Please continue to Trending Equities.

ALLAHABAD Stock Analysis Notes

The company has price-to-book (P/B) ratio of 0.4. Some equities with similar Price to Book (P/B) outperform the market in the long run. ALLAHABAD BANK recorded loss per share of 25.34. The entity last dividend was issued on 2015-06-18. Allahabad Bank provides banking products and services in India and internationally. Allahabad Bank was founded in 1865 and is headquartered in Kolkata, India. ALLAHABAD BANK operates under BanksRegional classification in India and is traded on National Stock Exchange of India. It employs 23210 people. For more info on ALLAHABAD BANK please contact Ch Rao at 91 33 2242 0851 or go to http://www.allahabadbank.in.

ALLAHABAD BANK Investment Alerts

ALLAHABAD BANK is not yet fully synchronised with the market data
ALLAHABAD BANK generates negative expected return over the last 30 days
ALLAHABAD BANK has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (79.16 B) with loss before overhead, payroll, taxes, and interest of (35.08 B).
ALLAHABAD BANK has accumulated about 98.6 B in cash with (109.43 B) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 26.48 which can makes it an attractive takeover target, given it will continue generating positive cash flow.

Market Capitalization

The company currently falls under 'Large-Cap' category with current market capitalization of 56.75 B.

Management Efficiency

ALLAHABAD BANK has return on total asset (ROA) of (3.36) % which means that it has lost $3.36 on every $100 spent on asset. This is way below average. Similarly, it shows return on equity (ROE) of (59.46) % meaning that it generated substantial loss on money invested by shareholders.

ALLAHABAD BANK Technical and Predictive Indicators

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