Closing Bell: Loblaw CO down on Friday (L)

Loblaw CO opened trading today at $166.66 and closed at $167.36. It traded at a low of $165.69 to a high of $169.42.

Shares eased -0.54 percent 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 -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

A total of 348,552 shares was traded during the last trading day, with total trades of 2,726, while having an average volume of 273,333 over the last 5-days.

Trading across the entire TSX saw 432 price advancers against 4,843 declines and 43 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 surged 43.37 percent, while in 2024, they have boosted 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 $51.11 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.

Currently, Loblaw CO has an average recommendation of "Moderate Buy" based on 7.00 analysts according to Zacks. Currently, there are 4 buy ratings and 3 hold ratings for the stock.

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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..