Lexmark International (LXK) has been under a strong bear grip, hence the stock is down -3.01% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.66% in the past 1 week. The stock has risen by 1% in the past week indicating that the buyers are active at lower levels, but the stock is down -3.22% in the past 4 weeks.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 0.02% and the fifty day Moving Average is 3.47%. Lexmark International Inc. has dropped 5.43% during the last three month period . Year-to-Date the stock performance stands at 11.74%.
Lexmark International (NYSE:LXK): stock turned positive on Friday. Though the stock opened at $35.4, the bulls momentum made the stock top out at $35.54 level for the day. The stock recorded a low of $35.29 and closed the trading day at $35.49, in the green by 0.25%. The total traded volume for the day was 351,987. The stock had closed at $35.4 in the previous days trading.
Lexmark International Inc. (Lexmark) is a developer, manufacturer and supplier of printing, imaging, device management, managed print services (MPS), document workflow and business process and content management solutions. The Company operates in two segments: Imaging Solutions and Services (ISS) and Perceptive Software. It serves both the distributed printing and imaging, and content and process management markets with a focus on business customers. Lexmarks enterprise content and process management software platform supports traditional business content, as well as media and industry-specific content, such as medical image content and includes enterprise search, intelligent capture, document output management (DOM) and business process and case management. Lexmarks healthcare offering includes an industry content repository and vendor neutral archive (VNA) that integrates all patient unstructured information across the enterprise to enable access.