Lloyds Banking Group plc ADR (NYSE:LYG) price on Wednesday, April 17, rose 1.63% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.49.
A look at the stock’s price movement, the close in the last trading session was $2.45. Turning to its 52-week performance, $2.72 and $1.88 were the 52-week high and 52-week low respectively. Overall, LYG moved -0.40% over the past month.
Lloyds Banking Group plc ADR’s market cap currently stands at around $39.51 billion. The company has a Forward Dividend ratio of 0.14, with its dividend yield at 5.59%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report. Analysts project the company’s earnings per share (EPS) to be $0, which has seen fiscal year 1970 EPS growth forecast to increase to -$ and about $0 for fiscal year 1970. Per the data, EPS growth is expected to be — for 2024 and — for the next financial year.
Analysts have a consensus estimate of -$ for the company’s revenue for the quarter, with a low and high estimate of -$ and -$ respectively.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was — upward and — downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that LYG is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
LYG’s current price about -3.45% and 3.96% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 46.67, while 7-day volatility ratio is 2.27% and 1.88% in the 30-day chart. Further, Lloyds Banking Group plc ADR (LYG) has a beta value of 1.34, and an average true range (ATR) of 0.06.
If we refocus on Lloyds Banking Group plc ADR (NYSE:LYG), historical trading data shows that trading volumes averaged 9.21 million over the past 3 months. The company’s latest data on shares outstanding shows there are 15.88 billion shares.
The 0.03% of Lloyds Banking Group plc ADR’s shares are in the hands of company insiders while institutional holders own 2.38% of the company’s shares. Current price change has pushed the stock 4.18% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LYG stock continues to rise going into the next quarter.
