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Lloyds Banking Group plc ADR (LYG) Is Up 3.35% in 2024 With Lots of Room to Run

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 $2.72 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 $2.51 in the last trading session, with the day’s loss setting it -0.04%.

Currently trading at $2.47, the stock is -4.36% and 4.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.51 million and changing -1.59% at the moment leaves the stock 11.34% off its SMA200. LYG registered 1.23% gain for a year compared to 6-month gain of 17.06%.

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The stock witnessed a -1.20% loss in the last 1 month and extending the period to 3 months gives it a 7.86%, and is -6.79% down 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 2.10% over the week and 1.78% over the month.

Lloyds Banking Group plc ADR (LYG) has around 62569 employees, a market worth around $39.28B and $30.10B in sales. Fwd P/E is 6.46. Profit margin for the company is 20.93%. Distance from 52-week low is 31.38% and -9.19% from its 52-week high. The company has generated returns on investments over the last 12 months (3.62%).

The EPS is expected to shrink by -15.18% this year.

Lloyds Banking Group plc ADR (LYG) Top Institutional Holders

The shares outstanding are 15.90B, and float is at 15.90B with Short Float at 0.04%.

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