Shares of ING Group N.V. (ING) Rally 7.54%

ING Group N.V. (ING) has been under a strong bear grip, hence the stock is down -8.49% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 5.96% in the past 1 week. The stock has risen by 7.54% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.49% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 2.4% and the 50-Day Moving Average is 4.77%.

ING Group N.V. (NYSE:ING): The stock opened at $10.94 on Friday but the bulls could not build on the opening and the stock topped out at $10.94 for the day. The stock traded down to $10.77 during the day, due to lack of any buying support eventually closed down at $10.84 with a loss of -0.46% for the day. The stock had closed at $10.89 on the previous day. The total traded volume was 2,550,753 shares.


Institutional Investors own 1.72% of ING Group N.V. shares.

ING Groep N.V. (ING) is a financial services company active in banking, investments, life and nonlife insurance and retirement services. The Companys segments include: Retail Netherlands, Retail Belgium, Retail Germany and Retail Rest of World, which offer current and savings accounts, business lending, mortgages and other consumer lending, and Commercial Banking, which offers wholesale banking (a full range of products from cash management to corporate finance), real estate and lease. The Company provides a range of products and services to support its customers needs. The Company offers retail banking services to individuals, SMEs (small and medium sized enterprises) and mid-corporates in Europe, Asia and Australia. The Company operates Qustomer SPRL as a wholly owned subsidiary.

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