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Closing Bell: Loblaw CO down on Friday (L)

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

Today in trading, Loblaw CO shares closed at $167.36 after opening the day at $166.66. It traded at a low of $165.69 to a high of $169.42.

Shares slipped -0.54% from the previous day's close of $168.27.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

A total of 348,552 shares was traded during the last trading day, with total trades of 2,726, with an average volume of 269,609 over 5 days.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 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 12 months, Loblaw CO's shares have soared 43.37 percent, while in 2024, they have soared 30.46%.

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 $51.39 billion on a float of 305,392 shares outstanding. Its annual EPS is $6.61.

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

Based on 7.00 analysts, Loblaw CO gets an average recommendation of "Moderate Buy" according to Zacks. From those 7 analysts, 4 have buy ratings and 3 analysts gave hold ratings.

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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..