The stock price of ING Groep N.V. ADR (NYSE: ING) has surged by 0.57 when compared to previous closing price of 15.82, but the company has seen a 1.60% gain in its stock price over the last five trading sessions. kitco.com reported 2024-12-12 that Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Is It Worth Investing in ING Groep N.V. ADR (NYSE: ING) Right Now?
ING has 36-month beta value of 1.49. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for ING is 3.01B, and currently, short sellers hold a 0.04% ratio of that float. The average trading volume of ING on January 07, 2025 was 2.03M shares.
ING’s Market Performance
ING’s stock has seen a 1.60% increase for the week, with a -0.19% drop in the past month and a -9.91% fall in the past quarter. The volatility ratio for the week is 1.05%, and the volatility levels for the past 30 days are at 1.15% for ING Groep N.V. ADR The simple moving average for the last 20 days is 2.13% for ING stock, with a simple moving average of -6.32% for the last 200 days.
ING Trading at 0.53% 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 -15.01% of loss for the given period.
Volatility was left at 1.15%, however, over the last 30 days, the volatility rate increased by 1.05%, as shares surge +0.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.59% lower at present.
During the last 5 trading sessions, ING rose by +1.64%, which changed the moving average for the period of 200-days by +0.87% in comparison to the 20-day moving average, which settled at $15.58. In addition, ING Groep N.V. ADR saw 1.53% 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:
- 0.18 for the present operating margin
- 1.0 for the gross margin
The net margin for ING Groep N.V. ADR stands at 0.3. The total capital return value is set at 0.01. Equity return is now at value 13.16, with 0.65 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 5.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.29.
Conclusion
To put it simply, ING Groep N.V. ADR (ING) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others 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.
