ING Groep N.V. ADR (NYSE: ING): Retirees Don’t Worry About Volatility

ING Groep N.V. ADR (NYSE:ING) currently has a daily average trading volume of 3.27M but it saw 1828812 shares traded in last market. With a market cap of 60.97B USD, the company’s current market price of $19.69 came rising about 0.41 while comparing to the previous closing price of $19.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $20.79 and as low as $14.92. In the recent trading on the day, stock has struck highest price mark of $19.51 while lowest mark touched by it was $19.735.

Taking a look at 20-day trading activity of ING Groep N.V. ADR (ING) gives us an average price of $18.67, while its current price level is -5.29% below from 52-week high level whereas it is 31.93% 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 $18.78 while that of 200 days or SMA-200 reads an average of $17.37. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.61% during that period while stretching the period over a month that increases to 2.57%. 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 59.46 which implies that the stock is in neutral territory.

Over the week, ING’s stock price is moving 6.09% up while it is -2.96% when we observe its performance for the past one month. Year-to-date it is 27.00% up and over the past year, the stock is showing an upside performance of 21.28%.

The company is expected to be releasing its next quarterly report on 2023-Feb-01, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 2.28. In next quarter, company is expected to be making quarterly sales of $5.6B as analysts are expecting the sales for current fiscal year at $22.38B and seeing the company making $23.39B in sales next year. Moreover, analysts are in estimates of $5.63B for current-quarter revenue.

Currently, ING Groep N.V. ADR’s total number of outstanding shares is 3.10B with 0.00% of that held by the insiders while 5.62% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 3.90% and return on equity (ROE) at 12.75%. It has a 8.04 of forward P/E ratio. Stock’s beta reads 1.17. Stock has a price to book (P/B) ratio of 1.17 while price to sale or P/S ratio amounts to 2.49. Its return on asset (ROA) is 0.65% on average.