Closing Bell: Loblaw CO down on Wednesday (L)
In market activity today, Loblaw CO shares closed at $162.82 after opening the day at $165.39. Intraday prices ranged from a low of $162.59 to a high of $166.36.
The price eased -1.34 percent from the previous day's close of $165.03.
Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.
Loblaw CO has listed on the Toronto Stock Exchange (TSX) under the ticker L.
A total of 292,691 shares was traded during the last trading day, with total trades of 2,100, while having an average volume of 320,466 over 5 days.
The TSX overall saw 1,858 price advancers against 3,319 declines and 108 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 40.48 percent, while they have soared 26.93% 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 $50.40 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.
Loblaw CO is holding an average recommendation of "Moderate Buy" from 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..
