Loews Corp. (NYSE: L) established initial surge of 0.75% at $80.36, before settling in for the price of $79.76 at the close. Taking a more long-term approach, L posted a 52-week range of $62.18-$83.54.
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The Financial Sector giants’ yearly sales growth during the last 5-year period was 2.70%. Meanwhile, its Annual Earning per share during the time was 25.93%. This publicly-traded company’s shares outstanding now amounts to $222.17 million, simultaneously with a float of $181.56 million. The organization now has a market capitalization sitting at $17.64 billion. At the time of writing, stock’s 50-day Moving Average stood at $79.67, while the 200-day Moving Average is $76.74.
Loews Corp. (L) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Loews Corp. industry. Loews Corp.’s current insider ownership accounts for 17.29%, in contrast to 59.27% institutional ownership. According to the most recent insider trade that took place on Sep 06 ’24, this organization’s Co-Ch. of Bd/Off. of the Pres. sold 37,500 shares at the rate of 79.67, making the entire transaction reach 2,987,594 in total value, affecting insider ownership by 6,744,134. Preceding that transaction, on Sep 06 ’24, Company’s Co-Ch. of Bd/Off. of the Pres. sold 25,000 for 79.67, making the whole transaction’s value amount to 1,991,729. This particular insider is now the holder of 411,395 in total.
Loews Corp. (NYSE: L) Trading Performance Indicators
Let’s observe the current performance indicators for Loews Corp. (L). The Stock has managed to achieve an average true range (ATR) of 1.25. Alongside those numbers, its PE Ratio stands at $11.78, and its Beta score is 0.82. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.06. Similarly, its price to free cash flow for trailing twelve months is now 6.19.
In the same vein, L’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 6.82.
Technical Analysis of Loews Corp. (L)
Now, what If we examine the latest scores posted by [Loews Corp., L]. During the last 5-days, its volume was lower the volume of 0.71 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 29.31% While, its Average True Range was 1.26.
Raw Stochastic average of Loews Corp. (L) in the period of the previous 100 days is set at 69.39%, which indicates a major rise in contrast to 49.71% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 15.36% that was lower than 17.08% volatility it exhibited in the past 100-days period.
