Witnessing the stock’s movement on the chart, on Wednesday, Loews Corp (NYSE: L) set off with pace as it heaved 0.51% to $87.05, before settling in for the price of $86.61 at the close. Taking a more long-term approach, L posted a 52-week range of $67.20-$86.90.
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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 $180.44 million. The organization now has a market capitalization sitting at $18.96 billion. At the time of writing, stock’s 50-day Moving Average stood at $80.88, while the 200-day Moving Average is $77.78.
Loews Corp (L) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Insurance – Property & Casualty industry. Loews Corp’s current insider ownership accounts for 17.15%, in contrast to 59.46% institutional ownership. According to the most recent insider trade that took place on Nov 15 ’24, this organization’s Director sold 50,000 shares at the rate of 83.26, making the entire transaction reach 4,163,000 in total value, affecting insider ownership by 11,939,677. Preceding that transaction, on Nov 11 ’24, Company’s Director sold 100,000 for 83.39, making the whole transaction’s value amount to 8,339,300. This particular insider is now the holder of 12,164,677 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 1.33. Alongside those numbers, its PE Ratio stands at $11.57, and its Beta score is 0.83. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.10. Similarly, its price to free cash flow for trailing twelve months is now 6.52.
In the same vein, L’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 7.52.
Technical Analysis of Loews Corp (L)
Going through the that latest performance of [Loews Corp, L]. Its last 5-days volume of 0.8 million indicated improvement to the volume of 0.72 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 86.84% 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 96.87%, which indicates a major rise in contrast to 92.37% 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 8.69% that was lower than 19.71% volatility it exhibited in the past 100-days period.
