Shares of ING Group N.V. (ING) Sees Large Inflow of Net Money Flow

ING Group N.V. (ING) : Fridays money flow indicated an uptick to downtick ratio was at 4.09. The total value of inflow transactions on upticks was $0.49 million, whereas, the total value of outflow trades on downticks was $0.12 million. The total money flow was $0.37 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $0.44 million. The total value of the trades done on upticks was $0.44 million. ING Group N.V. (ING) was trading with a -0.08% change over previous days close. It fell $0.01 during the day and reached $12.67. The stock was 4.37% compared to the previous weeks close.


Institutional Investors own 1.86% of ING Group N.V. shares.

ING Group N.V. (NYSE:ING): The stock opened at $12.72 and touched an intraday high of $12.82 on Friday. During the day, the stock corrected to an intraday low of $12.64, however, the bulls stepped in and pushed the price higher to close in the green at $12.79 with a gain of 0.87% for the day. The total traded volume for the day was 2,621,085. The stock had closed at $12.68 in the previous trading session.

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 10.22% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.83%, 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 5.35% in the last 1 week, and is up 10.07% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

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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