The 36-month beta value for ING is at 1.60. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for ING is 3.32B, and currently, shorts hold a 0.08% of that float. The average trading volume for ING on April 02, 2024 was 3.06M shares.
ING) stock’s latest price update
ING Groep N.V. ADR (NYSE: ING)’s stock price has increased by 0.36 compared to its previous closing price of 16.44. However, the company has seen a 3.64% increase in its stock price over the last five trading sessions. Reuters reported 2024-02-01 that ING Groep, the largest Dutch bank by assets, reported better-than-expected fourth-quarter profit on Thursday aided by higher interest rates, although it forecast lower total income for 2024.
ING’s Market Performance
ING’s stock has risen by 3.64% in the past week, with a monthly rise of 19.74% and a quarterly rise of 9.85%. The volatility ratio for the week is 0.91% while the volatility levels for the last 30 days are 0.99% for ING Groep N.V. ADR The simple moving average for the last 20 days is 6.97% for ING stock, with a simple moving average of 17.93% for the last 200 days.
ING Trading at 15.13% 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 -0.12% of loss for the given period.
Volatility was left at 0.99%, however, over the last 30 days, the volatility rate increased by 0.91%, as shares surge +16.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.73% upper at present.
During the last 5 trading sessions, ING rose by +3.45%, which changed the moving average for the period of 200-days by +24.77% in comparison to the 20-day moving average, which settled at $15.54. In addition, ING Groep N.V. ADR saw 9.85% 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:
- 0.36 for the present operating margin
- 0.99 for the gross margin
The net margin for ING Groep N.V. ADR stands at 0.32. The total capital return value is set at 0.03. Equity return is now at value 13.87, with 0.75 for asset returns.
Currently, EBITDA for the company is -235.0 million with net debt to EBITDA at 16.35. When we switch over and look at the enterprise to sales, we see a ratio of 5.95. The receivables turnover for the company is 27.03for trailing twelve months and the total asset turnover is 0.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.23.
Conclusion
In conclusion, ING Groep N.V. ADR (ING) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
