Movers of most recent trading session: ING Group NV (NYSE:ING)

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22 July, 2017

Analysts have a mean recommendation of 1.00 on this stock. Deutsche Bank maintained the stock with "Buy" rating in Tuesday, June 20 report.

The stock is now moving with a Positive distance from 200-Day Simple Moving Average of about 19.68% and has a pretty decent Year to Date (YTD) Performance of 27.16% which means the stock is constantly adding to its value from previous fiscal year end price. Also, there are 1 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.33 average brokerage recommendation. Bank of America Corp DE increased its stake in shares of ING Group, N.V.by 5.4% in the first quarter.

Shares of ING Group, N.V. (ING) traded down 0.361% on Tuesday, reaching $17.945.

About 2.71M shares traded.

The Stock traded with an actual day volume of 6.31 Million and average volume of 4.93 Million respectively.

The stock Hit its 1-year high of $18.17 on 07/14/17 and its 1-year low price of $10.49 on 08/02/16.

ING Groep N.V. (ING) has a market capitalization of 65.45 Billion which suggests the company is a huge company further suggesting that the shares of ING Groep N.V. (ING) are stable and safe compared to the lower market capitalization companies.

ING Group, N.V. had a return on equity of 10.47% and a net margin of 25.61%. The stock of ING Groep NV (ADR) (NYSE:ING) has "Hold" rating given on Wednesday, May 31 by HSBC. The financial services provider reported $0.32 earnings per share for the quarter, topping analysts' consensus estimates of $0.30 by $0.02. 08, 2014. The company's shares were given away at $38.85 per share worth to an income of some $865,500,028 on account of ING GROEP NV. On average, analysts forecast that ING Group, N.V. will post $0.90 EPS for the current year. If you are accessing this article on another domain, it was illegally stolen and republished in violation of United States & worldwide copyright legislation. The original version of this article can be read at https://www.themarketsdaily.com/2017/07/19/ing-group-n-v-nyseing-upgraded-at-bidaskclub-updated.html.

A number of large investors have recently added to or reduced their stakes in ING. Fisher Asset Management LLC raised its stake in shares of ING Group, N.V.by 1,155.1% in the second quarter. Stock value has moved between $10.49 - 18.11 in last one year. While looking the figure depicted by the Price to Earning we can suggest that the shares of ING Groep N.V. (ING) are overvalued.

ING Groep N.V. (ING) now has a Return on Assets (ROA) value of 0.5 Percent. Lincluden Management Ltd. increased its stake in shares of ING Group, N.V.by 15.5% in the fourth quarter. The institutional investor owned 23,542 shares of the financial services provider's stock after selling 1,276 shares during the period. Atlas Brown Inc. purchased a new stake in shares of ING Group, N.V. during the first quarter worth $196,000.

In Life Insurance Industry, ING Groep N.V. (ING) have 3.85 billion outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

06/30/2015 - ING Group, N.V. was upgraded to " by analysts at Bank of America Merrill Lynch. The Company offers banking services. The Company's divisions include Retail Netherlands, which offers current and savings accounts, business lending, mortgages and other consumer lending in the Netherlands; Retail Belgium, which offers products that are similar to those in the Netherlands; Retail Germany, which offers current and savings accounts, mortgages and other customer lending; Retail Other, which offers products that are similar to those in the Netherlands, and Wholesale Banking, which offers wholesale banking activities (a full range of products from cash management to corporate finance), real estate and lease.


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