Closing Bell: Loblaw CO up on Friday (L)

In market activity today, Loblaw CO opened at $169.05 and closed at $168.73. It traded at a low of $166.85 to a high of $169.90.

The price gained 0.26 percent from the previous day's close of $168.30.

Today across North America, the TSX Composite closed 0.91% at 22814.81, the S&P 500 closed -0.51% at 5399.22, the Dow Jones Industrial Average closed 0.20% at 39935.07 and the Nasdaq Composite closed -0.93% at 17181.72.

Loblaw CO traded under L on the Toronto Stock Exchange (TSX).

Trading volume was 273,427 on 2,286 total trades. On average, Loblaw CO has traded 288,056 shares over 5 days and 376,348 year-to-date.

Trading across the entire TSX saw 3,857 price advancers against 1,325 declines and 128 unchanged.

During the prior 52 weeks, L.TO has traded as high as $171.99 (July 24,2024) and low as $110.52 (October 30,2023). Moreover, in the last 52 weeks, Loblaw CO's shares have soared 44.44 percent, while this year, they have boosted 31.53%.

It announced a 0.51 dividend on May 01/24, with an June 14/24 ex-date and July 01/24 pay day.

Following today's trading, Loblaw CO has a market capitalization of $51.62 billion on a float of 306,738 shares outstanding. Its annual EPS is $6.70.

Loblaw CO is a TSX Grocery Stores company headquartered in Brampton, CAN.

Currently, Loblaw CO's consensus rating is "Moderate Buy" based on 7 analysts according to Zacks. From those 7 analysts, 4 have buy ratings and 3 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..