Should This Keep ING Groep N.V. ADR (NYSE: ING) Investors Up At Night?

ING Groep N.V. ADR (NYSE:ING) price is hovering lower on Tuesday, April 16, dropping -1.48% below its previous close.

A look at today’s price movement shows that the recent level at last check reads $15.84. Taking into account the 52-week price action we note that the stock hit a 52-week high of $17.18 and 52-week low of $11.78. The stock added 1.66% on its value in the past month.

ING Groep N.V. ADR, which has a market valuation of $51.75 billion. The company stock has a Forward Dividend ratio of 0.81, while the dividend yield is 5.17%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give ING a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 100% Buy.

The overview shows that ING’s price is at present -4.33% off the SMA20 and 5.12% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 43.78, with weekly volatility standing at 1.82%. The indicator jumps to 1.24% when calculated based on the past 30 days. ING Groep N.V. ADR (NYSE:ING)’s beta value is holding at 1.59, while the average true range (ATR) indicator is currently reading 0.30.

An analysis of the ING Groep N.V. ADR (NYSE:ING) stock in terms of its daily trading volume indicates that the 3-month average is 3.10 million.

Current records show that the company has 3.34B in outstanding shares. The insiders’ percentage holdings are 0.00% of outstanding shares while the percentage share held by institutions stands at 5.06%. But the 3.89% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.

Most Popular