It’s Not A Fantasy To Think That ING Groep N.V. ADR (ING) Has Big Future Potential

ING Groep N.V. ADR (NYSE:ING) currently has a daily average trading volume of 1.74M but it saw 1068033 shares traded in last market. With a market cap of 55.85B USD, the company’s current market price of $17.24 came falling about -0.40 while comparing to the previous closing price of $17.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.72 and as low as $12.44. In the recent trading on the day, stock has struck highest price mark of $17.21 while lowest mark touched by it was $17.33.

Taking a look at 20-day trading activity of ING Groep N.V. ADR (ING) gives us an average price of $17.83, while its current price level is -7.91% below from 52-week high level whereas it is 38.53% 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 $17.71 while that of 200 days or SMA-200 reads an average of $16.47. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.00% during that period while stretching the period over a month that increases to 1.14%. 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 40.24 which implies that the stock is in neutral territory.

Over the week, ING’s stock price is moving 0.76% up while it is -5.48% when we observe its performance for the past one month. Year-to-date it is 14.78% up and over the past year, the stock is showing an upside performance of 30.11%.

Currently, ING Groep N.V. ADR’s total number of outstanding shares is 3.34B. Company’s return on investment (ROI) stands at 3.06% and return on equity (ROE) at 13.68%. It has a 7.64 of forward P/E ratio. Stock’s beta reads 1.55. Stock has a price to book (P/B) ratio of 1.04 while price to sale or P/S ratio amounts to 2.29. Its return on asset (ROA) is 0.67% on average.