The stock of ING Groep N.V. ADR (ING) has gone down by -7.47% for the week, with a -9.50% drop in the past month and a -7.04% drop in the past quarter. The volatility ratio for the week is 1.32%, and the volatility levels for the past 30 days are 1.17% for ING. The simple moving average for the last 20 days is -6.27% for ING’s stock, with a simple moving average of -5.93% for the last 200 days.
Is It Worth Investing in ING Groep N.V. ADR (NYSE: ING) Right Now?
Additionally, the 36-month beta value for ING is 1.52. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for ING is 3.16B and currently, short sellers hold a 0.10% ratio of that float. The average trading volume of ING on November 13, 2024 was 1.67M shares.
ING) stock’s latest price update
ING Groep N.V. ADR (NYSE: ING)’s stock price has gone decline by -1.93 in comparison to its previous close of 16.03, however, the company has experienced a -7.47% decrease in its stock price over the last five trading days. zacks.com reported 2024-11-08 that ING (ING) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
ING Trading at -9.93% 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 -16.03% of loss for the given period.
Volatility was left at 1.17%, however, over the last 30 days, the volatility rate increased by 1.32%, as shares sank -9.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.83% lower at present.
During the last 5 trading sessions, ING fell by -7.47%, which changed the moving average for the period of 200-days by +10.78% in comparison to the 20-day moving average, which settled at $16.77. In addition, ING Groep N.V. ADR saw 4.66% 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:
- 0.31 for the present operating margin
- 0.99 for the gross margin
The net margin for ING Groep N.V. ADR stands at 0.31. The total capital return value is set at 0.02. Equity return is now at value 13.16, with 0.65 for asset returns.
Currently, EBITDA for the company is -235.0 million with net debt to EBITDA at -220.63. When we switch over and look at the enterprise to sales, we see a ratio of 5.65. The receivables turnover for the company is 56.09for 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 0.29.
Conclusion
In conclusion, ING Groep N.V. ADR (ING) has seen mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
