Lloyds Banking Group plc ADR (NYSE:LYG) finished Wednesday with a subtraction of -$0.01 to close at $2.13, a downside of -0.47 percent. An average of 10,150,680 shares of common stock have been traded in the last five days. There was a fall of -$0.01 in the past week, and it reached a new high 36 times over the past 12 months. The last 20 days have seen an average of 9,619,435 shares traded, while the 50-day average volume stands at 9,409,282.
LYG stock has increased by 0.47% in the last month. The company shares reached their 1-month lowest point of $2.00 on 09/08/23. With the stock rallying to its 52-week high on 02/09/23, shares of the company touched a low of $1.70 and a high of $2.63 in 52 weeks. It has reached a new high 19 times so far this year and lost -3.18% or -$0.07 in price. In spite of this, the price is down -19.01% from the 52-week high.
Valuation Metrics
Lloyds Banking Group plc ADR (LYG) stock’s beta is 1.27. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.14, the price-to-book (PB) ratio at 0.73.
The company has a payout ratio of 31.78%. The company’s most recent quarterly dividend payment was $0.0792 a share, representing a up of 4.21% from $0.0760 last year. Its latest increase dividend $0.0032 reported on Wednesday July 26 2023.
Financial Health
Further, the company has a long term debt to equity ratio of 2.74 and a total debt to equity ratio of 3.98 for the recent quarter. Its gross profit as reported stood at $17.26 billion compared to revenue of $21.83 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Lloyds Banking Group plc ADR (LYG) price momentum. RSI 9-day as of the close on 27 September was 54.31%, suggesting the stock is Neutral, with historical volatility in this time frame at 25.58%.
As of today, LYG’s price is $2.14 -0.47% or -$0.01 from its 5-day moving average. LYG is currently trading -0.47% lower than its 20-day SMA and -5.75% lower than its 100-day SMA. However, the stock’s current price level is -8.97% below the SMA50 and -4.48% below the SMA200.
The stochastic %K and %D were 66.67% and 71.52%, respectively, and the average true range (ATR) was 0.05. With the 14-day stochastic at 61.90% and the average true range at 0.05, the RSI (14) stands at 52.20%. The stock has reached 0.02 on the 9-day MACD Oscillator while the 14-day reading was at 0.04.
Analyst Ratings
JP Morgan downgraded Lloyds Banking Group plc ADR (NYSE: LYG) to a a Neutral rating in its most recent analyst report. Previously, the stock was rated as an Overweight. The consensus rating for Lloyds Banking Group plc ADR (LYG) among analysts is Overweight. According to current brokerage recommendations, 3 brokerage firms advise that investors sell LYG, while 7 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 9 others rate it as a “buy”.
