ING Groep N.V. ADR (NYSE: ING) Recovers 42.87% From 52-Week Low, Is ING Still A High-Risk, High-Reward Play?

ING Groep N.V. ADR (NYSE:ING) currently has a daily average trading volume of 3.06M but it saw 2502137 shares traded in last market. With a market cap of 55.81B USD, the company’s current market price of $16.83 came rising about 2.00 while comparing to the previous closing price of $16.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $16.53 and as low as $11.78.

Taking a look at 20-day trading activity of ING Groep N.V. ADR (ING) gives us an average price of $15.68, while its current price level is 1.81% below from 52-week high level whereas it is 42.87% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $14.44 while that of 200 days or SMA-200 reads an average of $14.03. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.90% during that period while stretching the period over a month that increases to 0.99%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 86.49 which implies that the stock is in overbought territory.

Over the week, ING’s stock price is moving 4.60% up while it is 19.36% when we observe its performance for the past one month. Year-to-date it is 12.05% up and over the past year, the stock is showing an upside performance of 41.79%.

Currently, ING Groep N.V. ADR’s total number of outstanding shares is 3.34B with 0.00% of that held by the insiders while 5.04% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 4.48% and return on equity (ROE) at 13.87%. It has a 7.69 of forward P/E ratio. Stock’s beta reads 1.59. Stock has a price to book (P/B) ratio of 0.93 while price to sale or P/S ratio amounts to 2.29. Its return on asset (ROA) is 0.75% on average.