Is Loews Corporation (L) Stock About to Get Hot Tuesday?

Overall market sentiment has been down on Loews Corporation (L) stock lately. L receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Loews Corporation has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on L!

See Full L Report

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With L Stock Today?

Loews Corporation (L) stock is up 0.34% while the S&P 500 has fallen -0.93% as of 10:04 AM on Tuesday, Apr 26. L is up $0.22 from the previous closing price of $64.68 on volume of 15,712 shares. Over the past year the S&P 500 is up 1.63% while L is up 17.51%. L earned $6.06 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 10.67.

More About Loews Corporation

Loews Corp is a holding company that is supported by a variety of businesses. Its largest subsidiary is CNA Financial Corporation, a property and casualty insurance company. CNA's services include risk management, information services, and warranty and claims administration. Loews also maintains an operation of offshore oil and gas drilling rigs through Diamond Offshore Drilling, Inc. The company engages in the transportation and storage of natural gas and natural gas liquids and gathering and processing of natural gas through Boardwalk Pipeline Partners, LP. Loews also operates a chain of hotels. Click Here to get the full Stock Report for Loews Corporation stock.