The stock of ING Groep N.V. ADR (ING) has seen a 2.92% increase in the past week, with a 8.86% gain in the past month, and a -2.07% decrease in the past quarter. The volatility ratio for the week is 0.99%, and the volatility levels for the past 30 days are at 1.32% for ING. The simple moving average for the past 20 days is 6.34% for ING’s stock, with a 4.81% simple moving average for the past 200 days.
Is It Worth Investing in ING Groep N.V. ADR (NYSE: ING) Right Now?
The 36-month beta value for ING is also noteworthy at 1.59. There are mixed opinions on the stock, with 15 analysts rating it as a “buy,” 0 rating it as “overweight,” 6 rating it as “hold,” and 0 rating it as “sell.”
The average price estimated by analysts for ING is $17.43, which is $3.49 above than the current price. The public float for ING is 3.50B, and at present, short sellers hold a 0.09% of that float. The average trading volume of ING on November 21, 2023 was 3.06M shares.
ING) stock’s latest price update
The stock price of ING Groep N.V. ADR (NYSE: ING) has jumped by 0.11 compared to previous close of 13.93. Despite this, the company has seen a gain of 2.92% in its stock price over the last five trading days. Seeking Alpha reported 2023-11-20 that ING and its ADR trading in the US gets Strong Buy rating, in line with Wall Street consensus. Some positives include 5.4% dividend yield and growth, earnings and revenue growth, and a price return beating the S&P 500 index. The risk of loan loss provisions is on the decline.
ING Trading at 5.26% 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 -7.00% of loss for the given period.
Volatility was left at 1.32%, however, over the last 30 days, the volatility rate increased by 0.99%, as shares surge +9.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.67% upper at present.
During the last 5 trading sessions, ING rose by +2.75%, which changed the moving average for the period of 200-days by +4.21% in comparison to the 20-day moving average, which settled at $13.17. In addition, ING Groep N.V. ADR saw 14.59% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for ING
Current profitability levels for the company are sitting at:
- +18.45 for the present operating margin
The net margin for ING Groep N.V. ADR stands at +10.97. The total capital return value is set at 2.56, while invested capital returns managed to touch 2.12. Equity return is now at value 13.94, with 0.69 for asset returns.
Based on ING Groep N.V. ADR (ING), the company’s capital structure generated 352.90 points at debt to equity in total, while total debt to capital is 77.92. Total debt to assets is 18.20, with long-term debt to equity ratio resting at 186.57. Finally, the long-term debt to capital ratio is 41.19.
When we switch over and look at the enterprise to sales, we see a ratio of 6.04, with the company’s debt to enterprise value settled at 1.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.33.
In summary, ING Groep N.V. ADR (ING) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.