How Worried Should Investors Be About ING Groep N.V. ADR (NYSE: ING)’

ING Groep N.V. ADR (NYSE:ING) does about 3.06M shares in volume on a normal day but saw 2546458 shares change hands in Monday trading. The company now has a market cap of 56.74B USD. Its current market price is $17.11, marking an increase of 1.42% compared to the previous close of $16.87. The 52 week high reached by this stock is $17.10 whilst the lowest price level in 52 weeks is $11.78.

ING Groep N.V. ADR (ING) has a 20-day trading average at $16.03 and the current price is 0.06% off the 52-week high compared with 45.25% distance from its 52-week low. The 50-day simple moving average of the closing price is $14.61 and its 200-day simple moving average is $14.08. If we look at the stock’s price movements over the week, volatility stands at 1.25%, which decreases to 1.04% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 86.81 to suggest the stock is overbought.

The consensus objective for the share price is $16.92, suggesting that the stock has a potential downside of -1.12% over the period.

ING Groep N.V. ADR (ING) stock is up 4.08% over the week and 16.87% over the past month. Its price is 13.91% year-to-date and 40.82% over the past year.

To reach the target analysts have set, the stock logically needs to shrink -1.12 percent from here.

Outstanding shares total 3.34B with insiders holding 0.00% of the shares and institutional holders owning 5.05% of the company’s common stock. The company has a return on investment of 4.48% and return on equity of 13.87%. The forward price to earnings ratio is 7.82. The beta has a value of 1.59. Price to book ratio is 0.95 and price to sales ratio is 2.32.