Infosys Ltd ADR (NYSE:INFY) has been downgraded to Neutral in a statement by Bank of America Corp. earlier today.
- Updated: December 1, 2016
Showing a price of $14.31, Infosys Ltd ADR (NYSE:INFY) traded -1.17% lower on the day. With the last stock price close down -13.94% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same period. INFY has recorded a 50-day average of $15.08 and a two hundred day average of $16.63. Trade Volume was up over the average, with 6,229,946 shares of INFY changing hands over the typical 5,369,550
Bank of America Corp. has downgraded Infosys Ltd ADR (NYSE:INFY) to Neutral in a statement released on 12/01/2016.
Recent Performance Chart
Infosys Ltd ADR has 52 week low of $13.74 and a 52 week high of $20.47 with a PE ratio of 15.55 and has a market capitalization of $0.
Brief Synopsis About Infosys Ltd ADR (NYSE:INFY)
Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Company, along with its subsidiaries, provides business information technology services comprising application development and maintenance, independent validation, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; consulting and systems integration services comprising consulting, enterprise solutions, systems integration and advanced technologies; products, business platforms and solutions to accelerate intellectual property-led innovation, including Finacle, its banking solution, and offerings in the areas of Analytics, Cloud and Digital Transformation. Its segments are Financial Services and Insurance (FSI), Manufacturing and Hi-tech (MFG & Hi-TECH), Energy & utilities, Communication and Services (ECS), Retail, Consumer packaged goods and Logistics (RCL), and Life Sciences and Healthcare (LSH).
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