Lloyds Banking Group plc ADR (NYSE: LYG) is 3.35% higher on its value in year-to-date trading and has touched a low of $1.88 and a high of $2.47 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LYG stock was last observed hovering at around $2.46 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $2.47, the stock is 10.99% and 10.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.81 million and changing 0.41% at the moment leaves the stock 13.41% off its SMA200. LYG registered 1.23% gain for a year compared to 6-month gain of 23.50%.
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The stock witnessed a 19.32% loss in the last 1 month and extending the period to 3 months gives it a 9.29%, and is 5.11% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.54% over the week and 1.73% over the month.
Lloyds Banking Group plc ADR (LYG) has around 59354 employees, a market worth around $39.46B and $29.27B in sales. Fwd P/E is 6.32. Profit margin for the company is 22.18%. Distance from 52-week low is 31.38% and 0.00% from its 52-week high. The company has generated returns on investments over the last 12 months (3.66%).
Lloyds Banking Group plc ADR quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to shrink by -13.77% this year.
Lloyds Banking Group plc ADR (LYG) Top Institutional Holders
431 institutions hold shares in Lloyds Banking Group plc ADR (LYG), with institutional investors hold 2.38% of the company’s shares. The shares outstanding are 15.97B, and float is at 15.97B with Short Float at 0.06%. Institutions hold 2.38% of the Float.
The top institutional shareholder in the company is Macquarie Group Limited with over 26.57 million shares valued at $58.46 million. The investor’s holdings represent 0.17% of the LYG Shares outstanding. As of Jun 29, 2023, the second largest holder is Mondrian Investment Partners Ltd with 26.8 million shares valued at $58.95 million to account for 0.17% of the shares outstanding. The other top investors are JP Morgan Chase & Company which holds 23.07 million shares representing 0.15% and valued at over $50.76 million, while Goldman Sachs Group Inc holds 0.13% of the shares totaling 20.31 million with a market value of $44.67 million.
