Leucadia National Corporation (NYSE:LUK) has tumbled 1.67% during the past week and has dropped 3.73% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.49%. Leucadia National Corporation (NYSE:LUK) has underperformed the index by 4.61% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Leucadia National Corporation (NYSE:LUK): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.94 and $16.89 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.25. The buying momentum continued till the end and the stock did not give up its gains. It closed at $17.03, notching a gain of 0.83% for the day. The total traded volume was 2,004,410 . The stock had closed at $16.89 on the previous day.
The company shares have dropped -30.20% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $25.39 and the one year low was seen on Feb 25, 2016. The 50-Day Moving Average price is $17.42 and the 200 Day Moving Average price is recorded at $16.50.
Currently the company Insiders own 9.5% of Leucadia National Corporation shares according to the proxy statements. Institutional Investors own 71.2% of Leucadia National Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 50.5%.
Leucadia National Corporation (Leucadia) is a diversified holding company engaged through its subsidiaries in a variety of businesses. The Companys business operations include capital markets and asset management. The capital markets business includes its securities, commodities, futures and foreign exchange brokerage trading provides the sales, trading, origination and advisory effort for various fixed income, equity and advisory activities and investment banking, which consist of underwritin