Closing Bell: Loblaw CO down on Monday (L)

Loblaw CO opened trading today at $168.72 and closed at $168.01. prices ranged from a low of $167.93 to a high of $169.79.

Share prices dipped -0.43 percent from the previous day's close of $168.73.

Today across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

Loblaw CO has listed on the Toronto Stock Exchange (TSX) under the ticker L.

Trading volume was 185,911 on 1,638 total trades. On average, Loblaw CO has traded 254,595 shares over the last 5-days and 375,067 year-to-date.

Trading across the entire TSX saw 1,903 price advancers against 3,356 declines and 91 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, the shares have advanced 43.91 percent in the last 12 months, while they have boosted 30.97% since the start of 2024.

It announced a 0.51 dividend on July 25/24, with an September 13/24 ex-date and October 01/24 pay day.

Following today's trading, Loblaw CO has a market capitalization of $51.53 billion on a float of 305,392 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. Currently, there are 4 buy ratings and 3 hold ratings for the stock.

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..