The stock of ING Groep N.V. (ING) has seen a -12.44% decrease in the past week, with a -16.28% drop in the past month, and a -2.87% decrease in the past quarter. The volatility ratio for the week is 3.52%, and the volatility levels for the past 30 days are at 1.86% for ING. The simple moving average for the last 20 days is -13.21% for ING stock, with a simple moving average of 7.43% for the last 200 days.
Is It Worth Investing in ING Groep N.V. (NYSE: ING) Right Now?
ING Groep N.V. (NYSE: ING) has a price-to-earnings ratio that is above its average at 11.26x. and a 36-month beta value of 1.60. Opinions on the stock are mixed, with 14 analysts rating it as a “buy,” 0 as “overweight,” 9 as “hold,” and 0 as “sell.”
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The average price predicted for ING Groep N.V. (ING) by analysts is $16.48, which is $6.57 above the current market price. The public float for ING is 3.73B, and at present, short sellers hold a 0.07% of that float. On March 17, 2023, the average trading volume of ING was 4.01M shares.
ING) stock’s latest price update
ING Groep N.V. (NYSE: ING)’s stock price has increased by 2.07 compared to its previous closing price of 11.59. Despite this, the company has experienced a -12.44% fall in its stock price over the last five trading sessions. MarketWatch.com reported on 07/08/21 that Major banks still tagged for funding Amazon rainforest destruction
The stock of ING Groep N.V. (ING) has seen a -12.44% decrease in the past week, with a -16.28% drop in the past month, and a -2.87% decrease in the past quarter. The volatility ratio for the week is 3.52%, and the volatility levels for the past 30 days are at 1.86% for ING. The simple moving average for the last 20 days is -13.21% for ING stock, with a simple moving average of 7.43% for the last 200 days.
ING Trading at -13.20% from the 50-Day Moving Average
After a stumble in the market that brought ING to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.63% of loss for the given period.
Volatility was left at 1.86%, however, over the last 30 days, the volatility rate increased by 3.52%, as shares sank -15.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.66% lower at present.
During the last 5 trading sessions, ING fell by -12.44%, which changed the moving average for the period of 200-days by +7.55% in comparison to the 20-day moving average, which settled at $13.53. In addition, ING Groep N.V. saw -2.79% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ING
Current profitability levels for the company are sitting at:
- +29.64 for the present operating margin
The net margin for ING Groep N.V. stands at +19.80. The total capital return value is set at 2.32, while invested capital returns managed to touch 1.74.
Based on ING Groep N.V. (ING), the company’s capital structure generated 333.91 points at debt to equity in total, while total debt to capital is 76.95. Total debt to assets is 17.38, with long-term debt to equity ratio resting at 333.91. Finally, the long-term debt to capital ratio is 76.95.
When we switch over and look at the enterprise to sales, we see a ratio of 3.81, with the company’s debt to enterprise value settled at 1.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.40.
Conclusion
To sum up, ING Groep N.V. (ING) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
