In a filing, Loews Corp. revealed 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 $0.53 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 $1.39 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 jump 1.11% to $76.48. Over the last five days, the stock has gained 4.14%. Loews Corp. shares have risen nearly 9.90% since the year began. Nevertheless, the stocks have risen 33.89% 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 $75.42, while 200 days put it at $68.24. A total of 0.82 million shares were traded, compared to the trading of 0.75 million shares in the previous session.
Levels Of Support And Resistance For L Stock
The 24-hour chart illustrates a support level at 75.72, which if violated will result in even more drops to 74.95. On the upside, there is a resistance level at 77.08. A further resistance level may holdings at 77.67. The Relative Strength Index (RSI) on the 14-day chart is 57.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 27.14%. Stochastics %K at 47.90% indicates the stock is a holding.
The most recent change occurred on June 23, 2009 when Susquehanna Financial began covering the stock and recommended ‘”a Positive”‘ rating .
