In recent trading session, Lloyds Banking Group plc ADR (NYSE:LYG) saw 4.96 million shares changing hands at last check today with its beta currently measuring 1.31. Company’s recent per share price level of $2.60 trading at $0.02 or 0.58% at last check today assigns it a market valuation of $40.97B. That most recent trading price of LYG’s stock is at a discount of -4.62% from its 52-week high price of $2.72 and is indicating a premium of 27.69% from its 52-week low price of $1.88. Taking a look at company’s average trading volume of 9.55 million if we extend that period to 3-months.
Lloyds Banking Group plc ADR (NYSE:LYG) trade information
Upright in the green today for gaining 0.58%, in the last five days LYG remained trading in the red while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $2.60 price level, adding 0.76% to its value on the day. Lloyds Banking Group plc ADR’s shares saw a change of 8.58% in year-to-date performance and have moved -0.57% in past 5-day. Lloyds Banking Group plc ADR (NYSE:LYG) showed a performance of -2.44% in past 30-days.
Lloyds Banking Group plc ADR (LYG) estimates and forecasts
Statistics highlight that Lloyds Banking Group plc ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company added 34.46% of value to its shares in past 6 months, showing an annual growth rate of -31.91% while that of industry is 1.70. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -2.60% from the last financial year’s standing.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 4.99% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -16.16% while estimates for its earnings growth in next 5 years are of -10.30%.
LYG Dividends
Lloyds Banking Group plc ADR is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
