In the past week, ING stock has gone up by 8.82%, with a monthly gain of 2.43% and a quarterly surge of 33.23%. The volatility ratio for the week is 1.29%, and the volatility levels for the last 30 days are 1.34% for ING Groep N.V. ADR The simple moving average for the last 20 days is 6.24% for ING stock, with a simple moving average of 20.67% for the last 200 days.
Is It Worth Investing in ING Groep N.V. ADR (NYSE: ING) Right Now?
The 36-month beta value for ING is at 1.57. 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 3.11B, and currently, shorts hold a 0.16% of that float. The average trading volume for ING on May 07, 2024 was 3.17M shares.
ING) stock’s latest price update
ING Groep N.V. ADR (NYSE: ING)’s stock price has increased by 0.58 compared to its previous closing price of 17.18. However, the company has seen a 8.82% increase in its stock price over the last five trading sessions. Invezz reported 2024-04-18 that The Dutch AEX index has jumped to a record high this year. It joined other popular European indices like DAX and CAC 40.
ING Trading at 10.34% 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 able to rebound, for now settling with 0.41% of gains for the given period.
Volatility was left at 1.34%, however, over the last 30 days, the volatility rate increased by 1.29%, as shares surge +0.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.76% upper at present.
During the last 5 trading sessions, ING rose by +8.82%, which changed the moving average for the period of 200-days by +17.87% in comparison to the 20-day moving average, which settled at $16.27. In addition, ING Groep N.V. ADR saw 15.05% 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:
- 0.26 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 0.01. Equity return is now at value 13.90, with 0.71 for asset returns.
Currently, EBITDA for the company is -235.0 million with net debt to EBITDA at 29.94. When we switch over and look at the enterprise to sales, we see a ratio of 5.93. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.28.
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.
