With 3.34B Outstanding Shares, Can ING Groep N.V. ADR (NYSE: ING) Deliver Big Short-Term Gains?

ING Groep N.V. ADR (NYSE:ING) currently has a daily average trading volume of 1.87M but it saw 1789446 shares traded in last market. With a market cap of 47.21B USD, the company’s current market price of $15.27 came rising about 1.13 while comparing to the previous closing price of $15.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.72 and as low as $12.77. In the recent trading on the day, stock has struck highest price mark of $15.14 while lowest mark touched by it was $15.32.

Taking a look at 20-day trading activity of ING Groep N.V. ADR (ING) gives us an average price of $15.94, while its current price level is -18.43% below from 52-week high level whereas it is 19.53% 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 $16.91 while that of 200 days or SMA-200 reads an average of $16.83. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.17% during that period while stretching the period over a month that increases to 1.21%. 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 32.17 which implies that the stock is in neutral territory.

Over the week, ING’s stock price is moving -2.68% down while it is -9.86% when we observe its performance for the past one month. Year-to-date it is 1.66% up and over the past year, the stock is showing an upside performance of 10.01%.

Currently, ING Groep N.V. ADR’s total number of outstanding shares is 3.34B. Company’s return on investment (ROI) stands at 2.79% and return on equity (ROE) at 13.16%. It has a 6.97 of forward P/E ratio. Stock’s beta reads 1.50. Stock has a price to book (P/B) ratio of 0.84 while price to sale or P/S ratio amounts to 1.93. Its return on asset (ROA) is 0.65% on average.