The Week Ahead: Are Investors Really Too Optimistic About ING Groep N.V. ADR (NYSE: ING)

ING Groep N.V. ADR (NYSE:ING) currently has a daily average trading volume of 2.76M but it saw 1611556 shares traded in last market. With a market cap of 55.29B USD, the company’s current market price of $17.79 came rising about 1.43 while comparing to the previous closing price of $17.54. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.04 and as low as $12.44.

Taking a look at 20-day trading activity of ING Groep N.V. ADR (ING) gives us an average price of $17.69, while its current price level is -1.39% below from 52-week high level whereas it is 42.95% 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 $16.94 while that of 200 days or SMA-200 reads an average of $14.69. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.23% during that period while stretching the period over a month that decreases to 0.96%. 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 57.59 which implies that the stock is in neutral territory.

Over the week, ING’s stock price is moving 0.06% up while it is 2.60% when we observe its performance for the past one month. Year-to-date it is 18.44% up and over the past year, the stock is showing an upside performance of 37.59%.

Currently, ING Groep N.V. ADR’s total number of outstanding shares is 3.34B. Company’s return on investment (ROI) stands at 3.14% and return on equity (ROE) at 13.90%. It has a 7.88 of forward P/E ratio. Stock’s beta reads 1.59. Stock has a price to book (P/B) ratio of 1.02 while price to sale or P/S ratio amounts to 2.26. Its return on asset (ROA) is 0.71% on average.