Lockheed Martin Corporation (LMT) : During the past 4 weeks, traders have been relatively bearish on Lockheed Martin Corporation (LMT), hence the stock is down -3.08% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.17% relative to the S&P 500. The 4-week change in the price of the stock is -3.28% and the stock has fallen -3.81% in the past 1 week.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 4.84% and the fifty day Moving Average is 3.1%. Lockheed Martin Corporation is up 1.81% in the last three month period. Year-to-Date the stock performance stands at 14.2%.
Lockheed Martin Corporation (LMT) : The most positive equity analysts on Lockheed Martin Corporation (LMT) expects the shares to touch $297, whereas, the least positive believes that the stock will trade at $240 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $267.88 with an expected fluctuation of $20 from the mean.
Lockheed Martin Corporation (NYSE:LMT): On Fridays trading session , Opening price of the stock was $249 with an intraday high of $249.8. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $243.65. However, the stock managed to close at $244.44, a loss of 1.65% for the day. On the previous day, the stock had closed at $248.53. The total traded volume of the day was 4,697,122 shares.
Lockheed Martin Corporation is a global security and aerospace company. The Company is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Company operates in five segments: Aeronautics, Information Systems & Global Solutions (IS&GS), Missiles and Fire Control (MFC), Mission Systems and Training (MST) and Space Systems. The Company provides a range of management, engineering, technical, scientific, logistics and information services. The Companys areas of focus are in defense, space, intelligence, homeland security and information technology, including cyber security. It serves both the United States and international customers with products and services that have defense, civil and commercial applications.