ING Groep N.V. ADR (NYSE:ING) shares, rose in value on Friday, April 05, with the stock price up by 0.33% to the previous day’s close as strong demand from buyers drove the stock to $16.83.
Actively observing the price movement in the recent trading, the stock is buoying the session at $16.78. The value of beta (5-year monthly) is 1.61. Referring to stock’s 52-week performance, its high was $17.10, and the low was $11.78. On the whole, ING has fluctuated by 17.24% over the past month.
The company’s Forward Dividend Ratio is 0.81, with its dividend yield at 4.80%.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that ING’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of ING currently trading nearly 6.58% and 16.15% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 84.75, while the 7-day volatility ratio is showing 1.16% which for the 30-day chart, stands at 1.04%. Furthermore, ING Groep N.V. ADR (ING)’s beta value is 1.59, and its average true range (ATR) is 0.22.
A comparison of ING Groep N.V. ADR (ING) with its peers suggests the former has fared considerably weaker in the market. ING showed an intraday change of 0.33% in today’s session so far, and over the past year, it grew by 37.32%%.
Data on historical trading for ING Groep N.V. ADR (NYSE:ING) indicates that the trading volumes over the past 10 days have averaged 2.59 million and over the past 3 months, they’ve averaged 3.05 million. According to company’s latest data on outstanding shares, there are 3.34 billion shares outstanding.
Nearly 0.00% of ING Groep N.V. ADR’s shares belong to company insiders and institutional investors own 5.07% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.67 million shares as on Mar 15, 2024, resulting in a short ratio of 0.79. According to the data, the short interest in ING Groep N.V. ADR (ING) stood at 0.08% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 3.25 million. The stock has risen by 12.08% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the ING stock heading into the next quarter.
