L Brands (LB) : Traders are bullish on L Brands (LB) as it has outperformed the S&P 500 by a wide margin of 5.88% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.19%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.13% in the last 1 week, and is up 9.43% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 5.14% and the 50-Day Moving Average is 8.02%. L Brands, Inc. has dropped 4.77% during the last 3-month period . Year-to-Date the stock performance stands at -19.69%.
L Brands (NYSE:LB): stock turned positive on Friday. Though the stock opened at $73.56, the bulls momentum made the stock top out at $74.12 level for the day. The stock recorded a low of $72.84 and closed the trading day at $73.9, in the green by 0.20%. The total traded volume for the day was 1,118,057. The stock had closed at $73.75 in the previous days trading.
L Brands, Inc. operates specialty retail business. The Company is a specialty retailer of womens intimate and other apparel, beauty and personal care products and accessories. It operates in three segments: Victorias Secret, which includes Victorias Secret PINK, which is the specialty retailer of womens intimate and other apparel with fashion-inspired collections, prestige fragrances, celebrated supermodels and world-famous runway shows; Bath & Body Works, which is the specialty retailer of home fragrance and personal care products, including shower gels, lotions, soaps and sanitizers, and Victorias Secret and Bath & Body Works International, which includes the Victorias Secret and Bath & Body Works company-owned and partner-operated stores outside of the United States and Canada. It sells its merchandise through company-owned specialty retail stores in the United States, Canada and the United Kingdom, which are primarily mall-based, and through its Websites and other channels.