L-3 Communications Holdings (LLL) has risen sharply, recording gains of 0.85% in the past 4 weeks. However, the stock has corrected -0.42% in the past 1 week, providing a good buying opportunity on dips. L-3 Communications Holdings (LLL) : During the past 4 weeks, traders have been relatively bearish on L-3 Communications Holdings (LLL), hence the stock is down -1.59% 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 -0.84% relative to the S&P 500.
L-3 Communications Holdings (NYSE:LLL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $150.93 and $150.66 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $152.16. The buying momentum continued till the end and the stock did not give up its gains. It closed at $151.00, notching a gain of 0.33% for the day. The total traded volume was 310,550 . The stock had closed at $150.51 on the previous day.
The stock has recorded a 20-day Moving Average of 1.13% and the 50-Day Moving Average is 3.6%. L-3 Communications Holdings Inc. is up 11.12% in the last 3-month period. Year-to-Date the stock performance stands at 27.75%.
L-3 Communications Holdings (LLL) has been rated by 8 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $183 and the lowest price target forecast is $133. The average forecast of all the analysts is $153.5 and the expected standard deviation is $16.19.
L-3 Communications Holdings, Inc. (L-3 Holdings) operates through its wholly owned operating subsidiary L-3 Communications Corporation (L-3 Communications). L-3 is a prime contractor in intelligence, surveillance and reconnaissance (ISR) systems, aircraft sustainment (including modifications, logistics and maintenance), simulation and training, night vision and image intensification equipment, enterprise and mission information technology (IT) solutions, and cyber operations. L-3 also provides a range of communication and electronic systems and products used on military and commercial platforms. It operates in four segments: Electronic Systems, Aerospace Systems, Communication Systems and National Security Solutions (NSS). Its customers include the United States Department of Defense and its prime contractors, the United States Government intelligence agencies, the United States Department of Homeland Security, foreign Governments, and domestic and international commercial customers.