The stock price of Lloyds Banking Group plc ADR (NYSE: LYG) has dropped by -1.52 compared to previous close of 2.63. Despite this, the company has seen a fall of -0.38% in its stock price over the last five trading days. Market Watch reported 2024-03-28 that Insurance payouts from the collapse of the Baltimore’s Francis Scott Key bridge could amount to one of the largest marine insurance losses in history, Lloyds of London CEO John Neal said.
Is It Worth Investing in Lloyds Banking Group plc ADR (NYSE: LYG) Right Now?
Moreover, the 36-month beta value for LYG is 1.34. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for LYG is 15.91B and currently, short sellers hold a 0.05% of that float. On April 01, 2024, LYG’s average trading volume was 8.87M shares.
LYG’s Market Performance
LYG stock saw an increase of -0.38% in the past week, with a monthly gain of 12.12% and a quarterly increase of 6.58%. The volatility ratio for the week is 1.71%, and the volatility levels for the last 30 days are 1.63% for Lloyds Banking Group plc ADR (LYG). The simple moving average for the past 20 days is 3.93% for LYG’s stock, with a 17.83% simple moving average for the past 200 days.
LYG Trading at 13.64% from the 50-Day Moving Average
After a stumble in the market that brought LYG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.52% of loss for the given period.
Volatility was left at 1.63%, however, over the last 30 days, the volatility rate increased by 1.71%, as shares surge +10.68% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.92% upper at present.
During the last 5 trading sessions, LYG fell by -0.38%, which changed the moving average for the period of 200-days by +16.14% in comparison to the 20-day moving average, which settled at $2.50. In addition, Lloyds Banking Group plc ADR saw 8.37% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for LYG
Current profitability levels for the company are sitting at:
- 0.39 for the present operating margin
- 1.0 for the gross margin
The net margin for Lloyds Banking Group plc ADR stands at 0.28. The total capital return value is set at 0.01. Equity return is now at value 12.38, with 0.58 for asset returns.
Currently, EBITDA for the company is 10.35 billion with net debt to EBITDA at 1.96. When we switch over and look at the enterprise to sales, we see a ratio of 2.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.03.
Conclusion
To wrap up, the performance of Lloyds Banking Group plc ADR (LYG) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
