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 -2.07% 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 -1.9% relative to the S&P 500. The 4-week change in the price of the stock is -1.05% and the stock has fallen -1.85% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.89% and the 50-Day Moving Average is 0.83%. L-3 Communications Holdings (NYSE:LLL): On Fridays trading session , Opening price of the stock was $149.13 with an intraday high of $149.36. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $147.9401. However, the stock managed to close at $148.21, a loss of 0.56% for the day. On the previous day, the stock had closed at $149.04. The total traded volume of the day was 675,050 shares.
The company Insiders own 3.3% of L-3 Communications Holdings shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -23.97% . Institutional Investors own 81.98% of L-3 Communications Holdings shares. During last six month period, the net percent change held by insiders has seen a change of -23.97%. Also, Equity Analysts at the Brokerage Firm, Jefferies, maintains their rating on the shares of L-3 Communications Holdings (NYSE:LLL). Jefferies has a Hold rating on the shares. As per the latest research report, the brokerage house raises the price target to $150 per share from a prior target of $135. The rating by the firm was issued on July 29, 2016.
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.