ING Group N.V. (ING) Shares are Up 2.27%

ING Group N.V. (ING) : Traders are bullish on ING Group N.V. (ING) as it has outperformed the S&P 500 by a wide margin of 8.52% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.95%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.27% in the last 1 week, and is up 8.3% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

For this week, the average consensus of the company shares are rated as a Strong Buy. The stock has recorded a twenty day Moving Average of 4.81% and the fifty day Moving Average is 11.33%. ING Groep N.V. has dropped 1.81% during the last three month period . Year-to-Date the stock performance stands at -4.17%.


ING Group N.V. (NYSE:ING): On Fridays trading session , Opening price of the stock was $12.23 with an intraday high of $12.36. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $12.055. However, the stock managed to close at $12.14, a loss of 0.57% for the day. On the previous day, the stock had closed at $12.21. The total traded volume of the day was 4,496,604 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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