Market Watch Highlights: Lloyds Banking Group plc ADR (LYG) Ends on an Upturn Note at 2.96

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As of close of business last night, Lloyds Banking Group plc ADR’s stock clocked out at $2.96, up 0.68% from its previous closing price of $2.94. In other words, the price has increased by $0.68 from its previous closing price. On the day, 7.49 million shares were traded. LYG stock price reached its highest trading level at $2.96 during the session, while it also had its lowest trading level at $2.94.

Ratios:

To gain a deeper understanding of LYG’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 3.39 whereas as Long-Term Debt/Eq ratio is at 2.47.

On April 25, 2024, Berenberg started tracking the stock assigning a Hold rating and target price of $2.75.Berenberg initiated its Hold rating on April 25, 2024, with a $2.75 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LYG now has a Market Capitalization of 47126163456 and an Enterprise Value of 159749881856. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.39 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 8.788.

Stock Price History:

The Beta on a monthly basis for LYG is 1.34, which has changed by 0.27038622 over the last 52 weeks, in comparison to a change of 0.24919295 over the same period for the S&P500. Over the past 52 weeks, LYG has reached a high of $3.02, while it has fallen to a 52-week low of $1.88. The 50-Day Moving Average of the stock is 7.53%, while the 200-Day Moving Average is calculated to be 24.33%.

Shares Statistics:

It appears that LYG traded 9.43M shares on average per day over the past three months and 9630010 shares per day over the past ten days. A total of 15.88B shares are outstanding, with a floating share count of 15.59B. Insiders hold about 0.00% of the company’s shares, while institutions hold 2.36% stake in the company. Shares short for LYG as of 1718323200 were 10462210 with a Short Ratio of 1.11, compared to 1715731200 on 7688359.

Dividends & Splits

With its trailing 12-month dividend rate of 0.028, LYG has a forward annual dividend rate of 0.14. Against a Trailing Annual Dividend Yield of 0.00952381The stock’s 5-year Average Dividend Yield is 4.67.

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