NYSE ING Sees Put Options Bought In Large Volume By Investors

nyse ing

On Thursday, ING Groep (NYSE: ING) was the target of some extraordinary options trading. Investors bought put options numbering 9145. This is a 13969% increase when compared to the usual 65 put options daily volume.

Detailed Overview Of NYSE ING

On Friday, the stock opened at a value of $13.35. The moving average of the stock over a period of 50 days stands at $12.70 while for 200 days it is $10.69. The highest and lowest value of the stock over a period of one year stands at $13.54 and $5.63 respectively. 1.08 and 1.74 are the firm’s quick ratio and the ratio of debt and equity respectively. The market capitalization value of the stock stands at $52.02B with a 1.91 beta.

The latest date on the NYSE ING’s quarterly earnings was posted on 6th May, Thursday. An EPS of $0.31 was reported overshooting the consensus $0.25 estimate. NYSE ING also posted a 14.79% net margin as well as a 4.92% equity return. The revenue of the company for the quarter stood at $5.67B. Analysts had expected the revenue to be lower – $5.41B. As per the general consensus, analysts are predicting that an EPS of $0.72 will be published for the present fiscal year.

Bessemer Group Inc., Veriti Management LLC, AdvisorNet Financial Inc, Bartlett & Co. LLC, and Perigon Wealth Management LLC all increased their stakes of the stock.

Morgan Stanley reissued their rating of “overweight” on 10th May, Monday. Berenberg Bank reissued a rating of “buy” on 10th May, Monday. Barclays reissued a rating of “equal weight” on 24th February, Wednesday. Credit Suisse Group reissued a rating of “outperform” on 7th May, Friday. JPMorgan Chase & Co reissued a rating of “overweight” on 13th April, Tuesday.