ING Groep N.V. ADR (NYSE: ING) Recovers 41.61% From 52-Week Low, Is ING Still A High-Risk, High-Reward Play?

ING Groep N.V. ADR (NYSE:ING) currently has a daily average trading volume of 2.68M but it saw 6232633 shares traded in last market. With a market cap of 61.93B USD, the company’s current market price of $20.00 came rising about 2.77 while comparing to the previous closing price of $19.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.50 and as low as $14.12.

Taking a look at 20-day trading activity of ING Groep N.V. ADR (ING) gives us an average price of $17.47, while its current price level is 2.56% below from 52-week high level whereas it is 41.61% 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 $16.67 while that of 200 days or SMA-200 reads an average of $17.06. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.40% during that period while stretching the period over a month that decreases to 1.43%. 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 85.23 which implies that the stock is in overbought territory.

Over the week, ING’s stock price is moving 13.06% up while it is 20.12% when we observe its performance for the past one month. Year-to-date it is 29.00% up and over the past year, the stock is showing an upside performance of 43.37%.

The company is expected to be releasing its next quarterly report in April, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 2.22. In next quarter, company is expected to be making quarterly sales of $5.63B as analysts are expecting the sales for current fiscal year at $22.47B and seeing the company making $23.46B in sales next year. Moreover, analysts are in estimates of $5.55B for current-quarter revenue.

Currently, ING Groep N.V. ADR’s total number of outstanding shares is 3.10B with 0.03% of that held by the insiders while 5.59% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 2.93% and return on equity (ROE) at 12.63%. It has a 8.41 of forward P/E ratio. Stock’s beta reads 1.16. Stock has a price to book (P/B) ratio of 1.17 while price to sale or P/S ratio amounts to 2.53. Its return on asset (ROA) is 0.65% on average.