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Check out this: Lloyds Banking Group plc ADR (LYG) could be on the verge of a big rally

Lloyds Banking Group plc ADR (NYSE: LYG) is 25.52% higher on its value in year-to-date trading and has touched a low of $1.88 and a high of $3.14 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 $2.93 in the last trading session, with the day’s gains setting it 0.07%.

Currently trading at $3.00, the stock is -0.12% and 1.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.05 million and changing 2.39% at the moment leaves the stock 16.38% off its SMA200. LYG registered 50.00% gain for a year compared to 6-month gain of 21.46%.

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The stock witnessed a 3.81% loss in the last 1 month and extending the period to 3 months gives it a 9.09%, and is -1.96% 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 1.89% over the week and 1.59% over the month.

Lloyds Banking Group plc ADR (LYG) has around 62569 employees, a market worth around $46.24B and $31.81B in sales. Fwd P/E is 7.88. Profit margin for the company is 18.39%. Distance from 52-week low is 59.57% and -4.46% from its 52-week high. The company has generated returns on investments over the last 12 months (3.41%).

The EPS is expected to shrink by -12.04% this year.

Lloyds Banking Group plc ADR (LYG) Top Institutional Holders

473.0 institutions hold shares in Lloyds Banking Group plc ADR (LYG), with institutional investors hold 2.49% of the company’s shares. The shares outstanding are 15.88B, and float is at 15.41B with Short Float at 0.07%. Institutions hold 2.49% of the Float.

The top institutional shareholder in the company is MONDRIAN INVESTMENT PARTNERS LTD with over 74.72 million shares valued at $226.39 million. The investor’s holdings represent 0.1169% of the LYG Shares outstanding. As of 2024-06-30, the second largest holder is ARROWSTREET CAPITAL, LIMITED PARTNERSHIP with 24.07 million shares valued at $65.7 million to account for 0.0377 of the shares outstanding. The other top investors are GOLDMAN SACHS GROUP INC which holds 22.61 million shares representing 0.0354% and valued at over $61.71 million, while MORGAN STANLEY holds 0.0288 of the shares totaling 18.39 million with a market value of $50.2 million.

Lloyds Banking Group plc ADR (LYG) Insider Activity

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