Lloyds Banking Group plc ADR (NYSE: LYG) Gains 1.89% And Its 1.52% Stock Volatility Is Bewildering

Lloyds Banking Group plc ADR (NYSE:LYG) does about 8.93M shares in volume on a normal day but saw 6751053 shares change hands in Monday trading. The company now has a market cap of 42.94B USD. Its current market price is $2.70, marking an increase of 1.89% compared to the previous close of $2.65. The 52 week high reached by this stock is $2.72 whilst the lowest price level in 52 weeks is $1.88.

Lloyds Banking Group plc ADR (LYG) has a 20-day trading average at $2.57 and the current price is -0.74% off the 52-week high compared with 43.62% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.35 and its 200-day simple moving average is $2.21. If we look at the stock’s price movements over the week, volatility stands at 1.52%, which increases to 1.59% 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 75.46 to suggest the stock is overbought.

The consensus objective for the share price is $2.85, suggesting that the stock has a potential upside of 5.26% over the period.

Lloyds Banking Group plc ADR (LYG) stock is up 5.06% over the week and 9.76% over the past month. Its price is 12.97% year-to-date and 13.92% over the past year.

To reach the target analysts have set, the stock logically needs to grow 5.26 percent from here.

Outstanding shares total 15.90B with insiders holding 0.00% of the shares and institutional holders owning 2.39% of the company’s common stock. The company has a return on investment of 3.62% and return on equity of 12.38%. The forward price to earnings ratio is 7.06. The beta has a value of 1.33. Price to book ratio is 0.84 and price to sales ratio is 1.43.