Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. ING Groep N.V. ADR’s current trading price is -2.79% away from its 52-week high, while its distance from the 52-week low is 41.77%. The stock’s price range during this period has varied between $11.78 and $17.18. The company, active in the Financial sector, saw a trading volume of around 1.45 million for the day, considerably lower average daily volume of 3.2 million observed over the last three months.
ING Groep N.V. ADR’s stock has had a calm market performance. The 1-year high for the company’s stock was $17.18 on 04/09/24, and the lowest price during the same period was recorded at $11.78 on 05/04/23.
How Financial Performance Impacts Market Capitalization
ING Groep N.V. ADR (ING) has experienced a quarterly rise of 19.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 52.59B.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 14.73, with a change in price of +2.80. Similarly, ING Groep N.V. ADR recorded 2,914,716 in trading volume during the last 100 days, posting a change of +20.21%.
How ING’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ING stands at 3.17. Similarly, the long-term debt-to-equity ratio is also 1.92.
ING Stock Stochastic Average
As of today, the raw stochastic average of ING Groep N.V. ADR over the past 50 days is 88.31%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 69.06%. Additionally, the Stochastic %K and %D values for the company were 53.23% and 40.84%, respectively, over the past 20 days.
ING Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 11.19%.However, over the last six months, we can see a weaker performance of 30.98%. Over the last 30 days, the price of ING has fallen by 5.36%. And in the last five days, it has surged by 6.78%.
