Lloyds Banking Group plc ADR [LYG] Is Currently -8.67 below its 200 Period Moving Avg: What Does This Mean?

Lloyds Banking Group plc ADR [NYSE: LYG] closed the trading session at $2.95.

The stocks have a year to date performance of 23.43 percent and weekly performance of -8.39 percent. The stock has been moved at 13.03 percent over the last six months. The stock has performed -6.94 percent around the most recent 30 days and changed -4.84 percent over the most recent 3-months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

If compared to the average trading volume of 10.42M shares, LYG reached to a volume of 15710890 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Lloyds Banking Group plc ADR [LYG]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LYG shares is $3.47 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LYG stock is a recommendation set at 2.61. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Goldman have made an estimate for Lloyds Banking Group plc ADR shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 04, 2024. While these analysts kept the previous recommendation, Kepler raised their target price to Hold. The new note on the price target was released on September 05, 2024, representing the official price target for Lloyds Banking Group plc ADR stock.

The Average True Range (ATR) for Lloyds Banking Group plc ADR is set at 0.08, with the Price to Sales ratio for LYG stock in the period of the last 12 months amounting to 1.27. The Price to Book ratio for the last quarter was 0.84.

LYG stock trade performance evaluation

Lloyds Banking Group plc ADR [LYG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.39. With this latest performance, LYG shares dropped by -6.94% in over the last four-week period, additionally plugging by 13.03% over the last 6 months – not to mention a rise of 47.50% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LYG stock in for the last two-week period is set at 39.15, with the RSI for the last a single of trading hit 33.50, and the three-weeks RSI is set at 42.93 for Lloyds Banking Group plc ADR [LYG]. The present Moving Average for the last 50 days of trading for this stock 3.08, while it was recorded at 3.15 for the last single week of trading, and 2.72 for the last 200 days.

Lloyds Banking Group plc ADR [LYG]: An insightful look at the core fundamentals

Lloyds Banking Group plc ADR’s liquidity data is similarly interesting compelling, with a Current Ratio set at 2.62.

Earnings per share (EPS) analysis for Lloyds Banking Group plc ADR [LYG] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LYG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lloyds Banking Group plc ADR go to -10.30%.

Lloyds Banking Group plc ADR [LYG]: Institutional Ownership

There are presently around $2.51%, or 2.51%% of LYG stock, in the hands of institutional investors. The top three institutional holders of LYG stocks are: MONDRIAN INVESTMENT PARTNERS LTD with ownership of 74.72 million shares, which is approximately 0.1169%. ARROWSTREET CAPITAL, LIMITED PARTNERSHIP, holding 24.07 million shares of the stock with an approximate value of $$65.7 million in LYG stocks shares; and ARROWSTREET CAPITAL, LIMITED PARTNERSHIP, currently with $$61.71 million in LYG stock with ownership which is approximately 0.0354%.

Most Popular