Closing Bell: Loblaw CO down on Tuesday (L)

In today's trading, shares of Loblaw CO opened at $164.24 and closed at $165.03. prices ranged from a low of $163.17 to a high of $166.07.

Shares decreased -1.39% from the previous day's close of $167.36.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

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

A total of 471,159 shares was traded during the session, with total trades of 3,635. On average, Loblaw CO has traded 321,150 shares over 5 days and 373,343 year-to-date.

The TSX market on the whole today saw 3,772 price advancers against 1,443 declines and 86 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 boosted 42.39% in the last 52 weeks, while in 2024, they have boosted 28.65%.

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.

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..