The stock of ING Groep N.V. ADR (ING) has gone down by -0.35% for the week, with a -3.91% drop in the past month and a 6.47% rise in the past quarter. The volatility ratio for the week is 1.36%, and the volatility levels for the past 30 days are 1.27% for ING. The simple moving average for the past 20 days is -2.18% for ING’s stock, with a 14.21% simple moving average for the past 200 days.
Is It Worth Investing in ING Groep N.V. ADR (NYSE: ING) Right Now?
Moreover, the 36-month beta value for ING is 1.58. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for ING is 3.11B and currently, short sellers hold a 0.14% of that float. On June 25, 2024, ING’s average trading volume was 2.53M shares.
ING) stock’s latest price update
The stock of ING Groep N.V. ADR (NYSE: ING) has decreased by -0.41 when compared to last closing price of 17.02. Despite this, the company has experienced a -0.35% fall in its stock price over the last five trading sessions. prnewswire.com reported 2024-06-25 that MIAMI and NEW YORK, June 25, 2024 /PRNewswire/ — Lafayette Square USA, Inc. (“Lafayette Square”), a business development company, announced today that it has entered into a new hybrid credit facility with ING Capital LLC (“ING”). The facility will be secured by a combination of Lafayette’s Square’s portfolio and the unused capital commitments of its investors and will support Lafayette Square’s direct lending activities, with a primary focus on first lien senior secured loans.
ING Trading at -0.35% 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 -6.04% of loss for the given period.
Volatility was left at 1.27%, however, over the last 30 days, the volatility rate increased by 1.36%, as shares sank -4.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.15% upper at present.
During the last 5 trading sessions, ING fell by -0.41%, which changed the moving average for the period of 200-days by +24.65% in comparison to the 20-day moving average, which settled at $17.29. In addition, ING Groep N.V. ADR saw 12.85% 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:
- 0.26 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 5.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.28.
Conclusion
To wrap up, the performance of ING Groep N.V. ADR (ING) has been mixed 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.
