Loews Corp.’s recently made public that its Senior Vice President SIEGEL KENNETH I unloaded Company’s shares for reported $0.48 million on Mar 06 ’24. In the deal valued at $75.50 per share,6,322 shares were sold. As a result of this transaction, SIEGEL KENNETH I now holds 6,993 shares worth roughly $0.51 million.
Then, BERMAN ANN E sold 951 shares, generating $71,344 in total proceeds. Upon selling the shares at $75.02, the Director now owns 3,292 shares.
Before that, DIKER CHARLES M sold 951 shares. Loews Corp. shares valued at $71,344 were divested by the Director at a price of $75.02 per share. As a result of the transaction, DIKER CHARLES M now holds 18,200 shares, worth roughly $1.34 million.
Deutsche Bank reiterated its Loews Corp. [L] rating to a Hold in a research note published on November 02, 2016; the price target was $43. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who remained covering the stock and in early August has reiterated a ‘”a Hold”‘ rating for it. Deutsche Bank also remained covering L and has decreased its forecast on March 24, 2014 with a “Hold” recommendation from previously “Buy” rating. Deutsche Bank started covering the stock on September 04, 2013. It rated L as “a Buy”.
Price Performance Review of L
On Monday, Loews Corp. [NYSE:L] saw its stock fall -0.62% to $73.44. Over the last five days, the stock has lost -3.44%. Loews Corp. shares have risen nearly 5.53% since the year began. Nevertheless, the stocks have risen 29.50% over the past one year. While a 52-week high of $78.55 was reached on 03/28/24, a 52-week low of $55.31 was recorded on 01/02/24. SMA at 50 days reached $75.23, while 200 days put it at $67.87. A total of 0.7 million shares were traded, compared to the trading of 0.8 million shares in the previous session.
Levels Of Support And Resistance For L Stock
The 24-hour chart illustrates a support level at 72.84, which if violated will result in even more drops to 72.25. On the upside, there is a resistance level at 74.49. A further resistance level may holdings at 75.55. The Relative Strength Index (RSI) on the 14-day chart is 33.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.33%. Stochastics %K at 4.68% indicates the stock is a buying.
The most recent change occurred on June 23, 2009 when Susquehanna Financial began covering the stock and recommended ‘”a Positive”‘ rating .
