Lowes Companies (LOW) : During the past 4 weeks, traders have been relatively bearish on Lowes Companies (LOW), hence the stock is down -3.88% 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 -4.74% relative to the S&P 500. The 4-week change in the price of the stock is -3.51% and the stock has fallen -4.77% in the past 1 week.
Lowes Companies, Inc. has dropped 2.09% during the last 3-month period . Year-to-Date the stock performance stands at 3.57%. The stock has recorded a 20-day Moving Average of 3.96% and the 50-Day Moving Average is 2.63%.
Lowes Companies (NYSE:LOW): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $76.32 and $76.17 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $77.87. The buying momentum continued till the end and the stock did not give up its gains. It closed at $77.82, notching a gain of 1.82% for the day. The total traded volume was 6,491,184 . The stock had closed at $76.43 on the previous day.
Also, Brokerage firm Stifel Nicolaus assumes its rating on Lowes Companies (NYSE:LOW). The shares have been rated Buy. The rating by the firm was issued on August 2, 2016.
Lowes Companies, Inc. (Lowes) is a home improvement retailer. As of January 30, 2015, Lowes operated 1,840 home improvement and hardware stores, representing approximately 201 million square feet of retail selling space. Lowes is consisted of 1,793 stores located across 50 states in the United States, including 74 Orchard Supply Hardware (Orchard) stores in California and Oregon, as well as 37 stores in Canada, and 10 stores in Mexico. It serves homeowners, renters, and professional customers (Pro customers). Its retail customers, consisted of individual homeowners and renters, complete a range of projects. The Pro customer consists of two categories: construction trades, and maintenance, repair and operations. The Company offers a range of products for maintenance, repair, remodeling, and decorating.