L-3 Communications Holdings (LLL) has been under a strong bear grip, hence the stock is down -0.6% 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 0.61% in the past 1 week. The stock has risen by 1.11% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.74% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.68% and the 50-Day Moving Average is 1.4%.The 200 Day SMA reached 16.15%. L-3 Communications Holdings Inc. is up 6.39% in the last 3-month period. Year-to-Date the stock performance stands at 27.42%.
L-3 Communications Holdings (NYSE:LLL): After opening at $149.63, the stock dipped to an intraday low of $149.3301 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $150.69 and the buying power remained strong till the end. The stock closed at $149.89 for the day, a gain of 0.37% for the day session. The total traded volume was 324,685. The stocks close on the previous trading day was $149.34.
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.