Lloyds Banking Group plc ADR (NYSE:LYG) shares, rose in value, with the stock price down by -0.38% to the previous day’s close as strong demand from buyers drove the stock to $2.65.
Actively observing the price movement in the last trading, the stock closed the session at $2.66. The value of beta (5-year monthly) was 1.22. Referring to stock’s 52-week performance, its high was $2.72, and the low was $1.88. On the whole, LYG has fluctuated by 8.16% over the past month.
The company’s Forward Dividend Ratio is 0.13, with its dividend yield at 4.72%.
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 LYG’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 LYG currently trading nearly 4.02% and 14.03% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 71.75, while the 7-day volatility ratio is showing 1.57% which for the 30-day chart, stands at 1.57%. Furthermore, Lloyds Banking Group plc ADR (LYG)’s beta value is 1.33, and its average true range (ATR) is 0.05.
A comparison of Lloyds Banking Group plc ADR (LYG) with its peers suggests the former has fared considerably weaker in the market. LYG showed an intraday change of -0.38% in last session, and over the past year, it grew by 12.29%%.
Data on historical trading for Lloyds Banking Group plc ADR (NYSE:LYG) indicates that the trading volumes over the past 10 days have averaged 10.46 million and over the past 3 months, they’ve averaged 9.00 million. According to company’s latest data on outstanding shares, there are 15.90 billion shares outstanding.
Nearly 0.03% of Lloyds Banking Group plc ADR’s shares belong to company insiders and institutional investors own 2.37% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 9.15 million shares as on Mar 15, 2024, resulting in a short ratio of 0.88. According to the data, the short interest in Lloyds Banking Group plc ADR (LYG) stood at 0.05% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 9.2 million. The stock has risen by 10.88% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LYG stock heading into the next quarter.
