ING Groep N.V. ADR [ING] stock prices are up 0.96% to $17.85 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The ING shares have gain 0.34% over the last week, with a monthly amount glided 7.53%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
ING Groep N.V. ADR [NYSE: ING] stock has seen the most recent analyst activity on June 07, 2024, when Barclays upgraded its rating to a Overweight. Previously, Barclays upgraded its rating to Equal Weight on March 23, 2022. On December 02, 2021, downgrade downgraded it’s rating to Sector Perform. Barclays downgraded its rating to a Underweight. Morgan Stanley upgraded its rating to a Overweight. Credit Suisse upgraded its rating to Outperform for this stock on September 08, 2020. In a note dated October 23, 2019, Barclays upgraded an Equal Weight rating on this stock.
The stock price of ING Groep N.V. ADR [ING] has been fluctuating between $12.44 and $18.66 over the past year. Currently, Wall Street analysts expect the stock to reach $22.5 within the next 12 months. ING Groep N.V. ADR [NYSE: ING] shares were valued at $17.85 at the most recent close of the market. An investor can expect a potential return of 26.05% based on the average ING price forecast.
Analyzing the ING fundamentals
The ING Groep N.V. ADR [NYSE:ING] reported sales of 24.39B for trailing twelve months, representing a drop of -1.81%. Gross Profit Margin for this corporation currently stands at 0.99% with Operating Profit Margin at 0.31%, Pretax Profit Margin comes in at 0.44%, and Net Profit Margin reading is 0.31%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.13 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.54.
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 17.62 points at the first support level, and at 17.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.98, and for the 2nd resistance point, it is at 18.11.
Ratios To Look Out For
It’s worth pointing out that ING Groep N.V. ADR [NYSE:ING]’s Current Ratio is 0.28. Considering the valuation of this stock, the price to sales ratio is 2.37, the price to book ratio is 1.08.
