ING Groep N.V. ADR (NYSE: ING) is -0.13% lower on its value in year-to-date trading and has touched a low of $12.77 and a high of $18.72 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ING stock was last observed hovering at around $15.51 in the last trading session, with the day’s gains setting it 0.14%.
Currently trading at $15.65, the stock is 0.45% and -1.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.69 million and changing 0.90% at the moment leaves the stock -7.85% off its SMA200. ING registered 6.75% gain for a year compared to 6-month loss of -12.47%. The firm has a 50-day simple moving average (SMA 50) of $15.8634 and a 200-day simple moving average (SMA200) of $16.98345.
The stock witnessed a 1.82% gain in the last 1 month and extending the period to 3 months gives it a -10.11%, and is -0.19% 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 0.90% over the week and 1.11% over the month.
ING Groep N.V. ADR (ING) has around 62845 employees, a market worth around $47.04B and $24.52B in sales. Fwd P/E is 7.28. Profit margin for the company is 30.06%. Distance from 52-week low is 22.50% and -16.40% from its 52-week high. The company has generated returns on investments over the last 12 months (2.79%).
with sales reaching $5.4B over the same period.The EPS is expected to shrink by -2.92% this year, but quarterly earnings will post -0.04% year-over-year. Quarterly sales are estimated to shrink -0.10% in year-over-year returns.
ING Groep N.V. ADR (ING) Top Institutional Holders
The shares outstanding are 3.16B, and float is at 3.01B with Short Float at 0.04%.
The top institutional shareholder in the company is FISHER ASSET MANAGEMENT, LLC with over 68.02 million shares valued at $1.17 billion. The investor’s holdings represent 2.0553% of the ING Shares outstanding. As of 2024-06-30, the second largest holder is ARROWSTREET CAPITAL, LIMITED PARTNERSHIP with 8.24 million shares valued at $141.19 million to account for 0.2489 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 7.95 million shares representing 0.2401% and valued at over $136.21 million, while GOLDMAN SACHS GROUP INC holds 0.2305 of the shares totaling 7.63 million with a market value of $130.72 million.
ING Groep N.V. ADR (ING) Insider Activity
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