KD Logo

Labcorp Holdings Inc. [LH] Investment Appeal on the Rise

Labcorp Holdings Inc.’s recently made public that its EVP, Chief Legal Officer van der Vaart Sandra D unloaded Company’s shares for reported $0.42 million on May 14 ’24. In the deal valued at $210.83 per share,2,000 shares were sold. As a result of this transaction, van der Vaart Sandra D now holds 5,637 shares worth roughly $1.19 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, ANDERSON KERRII B sold 250 shares, generating $50,025 in total proceeds. Upon selling the shares at $200.10, the Director now owns 15,722 shares.

Before that, ANDERSON KERRII B sold 250 shares. Labcorp Holdings Inc. shares valued at $51,034 were divested by the Director at a price of $204.13 per share. As a result of the transaction, ANDERSON KERRII B now holds 15,972 shares, worth roughly $3.37 million.

Argus upgraded its Labcorp Holdings Inc. [LH] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Leerink Partners’s analysts, who began to cover the stock in late February with a ‘”an Outperform”‘ rating. Evercore ISI began covering LH with “an In-line” recommendation on February 09, 2024. Barclays started covering the stock on January 03, 2024. It rated LH as “an Equal weight”.

Price Performance Review of LH

On Monday, Labcorp Holdings Inc. [NYSE:LH] saw its stock fall -0.07% to $210.75. Over the last five days, the stock has lost -1.67%. Labcorp Holdings Inc. shares have fallen nearly -7.28% since the year began. Nevertheless, the stocks have fallen -2.45% over the past one year. While a 52-week high of $234.09 was reached on 01/02/24, a 52-week low of $191.97 was recorded on 05/31/24. SMA at 50 days reached $203.75, while 200 days put it at $211.18. A total of 0.56 million shares were traded, compared to the trading of 0.4 million shares in the previous session.

Levels Of Support And Resistance For LH Stock

The 24-hour chart illustrates a support level at 209.82, which if violated will result in even more drops to 208.88. On the upside, there is a resistance level at 212.52. A further resistance level may holdings at 214.28. The Relative Strength Index (RSI) on the 14-day chart is 55.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.39, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.24%. Stochastics%K at 55.35% indicates the stock is a holding.

The most recent change occurred on September 06, 2023 when HSBC Securities began covering the stock and recommended ‘”a Hold”‘ rating along with a $210 price target.

Most Popular