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) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day up 0.5%. By the end of trading, ING Groep N.V rose $0.15 (1.2%) to $12.93 on heavy volume. Throughout the day, 5,904,227 shares of ING Groep N.V exchanged hands as compared to its average daily volume of 2,434,300 shares. The stock ranged in a price between $12.80-$12.95 after having opened the day at $12.90 as compared to the previous trading day's close of $12.78. Other companies within the Insurance industry that increased today were:
), up 7.1%,
), up 5.7%,
), up 4.4% and
), up 3.4%.
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ING Groep N.V., a financial services company, provides banking, investment, life insurance, and retirement services. ING Groep N.V has a market cap of $49.6 billion and is part of the financial sector. The company has a P/E ratio of 14.4, below the S&P 500 P/E ratio of 17.7. Shares are up 36.6% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate ING Groep N.V a buy, no analysts rate it a sell, and none rate it a hold.
TheStreet Ratings rates ING Groep N.V as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity and impressive record of earnings per share growth. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet.
- You can view the full ING Groep N.V Ratings Report.
On the negative front,
), down 2.8% and
), down 2.3% , were all laggards within the insurance industry with
) being today's insurance industry laggard.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider
) while those bearish on the insurance industry could consider
- Find other investment ideas from our top rated ETFs lists.