Lloyds Banking Group plc ADR (NYSE:LYG) shares, rose in value, with the stock price down by -0.72% to the previous day’s close as strong demand from buyers drove the stock to $2.75.
Actively observing the price movement in the last trading, the stock closed the session at $2.77, falling within a range of $2.72 and $2.8. The value of beta (5-year monthly) was 1.234. Referring to stock’s 52-week performance, its high was $3.24, and the low was $1.90. On the whole, LYG has fluctuated by -8.94% over the past month.
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With the market capitalization of Lloyds Banking Group plc ADR currently standing at about $42.05 billion, investors are eagerly awaiting this quarter’s results, scheduled for in December. The company’s Forward Dividend Ratio is 0.15, with its dividend yield at 5.40%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LYG’s technical picture suggests that short-term indicators denote the stock is a 25% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of LYG currently trading nearly -10.13% and -10.12% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 30.10, while the 7-day volatility ratio is showing 3.11% which for the 30-day chart, stands at 1.85%. Furthermore, Lloyds Banking Group plc ADR (LYG)’s beta value is 1.33, and its average true range (ATR) is 0.08.
A comparison of Lloyds Banking Group plc ADR (LYG) with its peers suggests the former has fared considerably weaker in the market. LYG showed an intraday change of -0.72% in last session, and over the past year, it grew by 43.98%%.
Data on historical trading for Lloyds Banking Group plc ADR (NYSE:LYG) indicates that the trading volumes over the past 10 days have averaged 11.41 and over the past 3 months, they’ve averaged 10.53 million. According to company’s latest data on outstanding shares, there are 15.88 billion shares outstanding.
Nearly 0.03% of Lloyds Banking Group plc ADR’s shares belong to company insiders and institutional investors own 2.43% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 8.83 million shares as on 2024-10-15, resulting in a short ratio of 0.93. The stock has risen by 15.06% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LYG stock heading into the next quarter.
