Stock of ING Groep N.V. ADR (ING) performance and profitability takes another direction

A share price of ING Groep N.V. ADR [ING] is currently trading at $16.50, up 0.36%. An important factor to consider is whether the stock is rising or falling in short-term value. The ING shares have gain 3.64% over the last week, with a monthly amount glided 19.74%, and seem to be holding up well over a long-time horizon.

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On 8, March 2024, ING files 2023 Annual Report on Form 20-F. In a post published today on Yahoo Finance, ING files 2023 Annual Report on Form 20-F.

From an analyst’s perspective:

ING Groep N.V. ADR [NYSE: ING] stock has seen the most recent analyst activity on March 23, 2022, when Barclays upgraded its rating to a Equal Weight. Previously, RBC Capital Mkts downgraded its rating to Sector Perform on December 02, 2021. On June 04, 2021, downgrade downgraded it’s rating to Underweight. Morgan Stanley upgraded its rating to a Overweight. Credit Suisse upgraded its rating to a Outperform. Barclays upgraded its rating to Equal Weight for this stock on October 23, 2019. In a note dated August 02, 2019, Exane BNP Paribas downgraded an Neutral rating on this stock.

ING Groep N.V. ADR experienced fluctuations in its stock price throughout the past year between $11.78 and $16.52. ING Groep N.V. ADR [NYSE: ING] shares were valued at $16.50 at the most recent close of the market.

Analyzing the ING fundamentals

Trailing Twelve Months sales for ING Groep N.V. ADR [NYSE:ING] were 24.41B which represents 17.14% growth. Gross Profit Margin for this corporation currently stands at 0.99% with Operating Profit Margin at 0.36%, Pretax Profit Margin comes in at 0.47%, and Net Profit Margin reading is 0.32%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.14 and Total Capital is 0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.15.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 16.43 points at the first support level, and at 16.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.55, and for the 2nd resistance point, it is at 16.60.

Ratios To Look Out For

To put it in perspective, the Current Ratio for ING Groep N.V. ADR [NYSE:ING] is 0.23. Considering the valuation of this stock, the price to sales ratio is 2.24, the price to book ratio is 0.91.

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