Where Will Loews Corp (L) Stock Go Next After It Has Gained 2.34% in a Week?

The market has been high on Loews Corp (L) stock recently. L gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

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

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With L Stock Today?

Loews Corp (L) stock has gained 0.78% while the S&P 500 has fallen -0.54% as of 3:00 PM on Friday, Mar 15. L is up $0.59 from the previous closing price of $76.00 on volume of 457,541 shares. Over the past year the S&P 500 is higher by 31.62% while L is up 41.02%. L earned $6.29 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 12.17. To screen for more stocks like Loews Corp click here.

More About Loews Corp

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 Corp stock.