Louisiana-Pacific Corp (NYSE:LPX) shares, rose in value on Friday, May 30, with the stock price down by -0.46% to the previous day’s close as strong demand from buyers drove the stock to $90.07.
Actively observing the price movement in the last trading, the stock closed the session at $90.49. The PE ratio was 15.83 over 12-month period. Referring to stock’s 52-week performance, its high was $122.87, and the low was $78.82. On the whole, LPX has fluctuated by 4.36% over the past month.
With the market capitalization of Louisiana-Pacific Corp currently standing at about $6.27 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.08, with its dividend yield at 1.20%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LPX’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 10.15, with the price of LPX currently trading nearly -1.73% and 0.59% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.66, while the 7-day volatility ratio is showing 3.03% which for the 30-day chart, stands at 2.03%. Furthermore, Louisiana-Pacific Corp (LPX)’s beta value is 1.88, and its average true range (ATR) is 2.67.
A comparison of Louisiana-Pacific Corp (LPX) with its peers suggests the former has fared considerably weaker in the market. LPX showed an intraday change of -0.46% in last session, and over the past year, it grew by 0.48%%.
Data on historical trading for Louisiana-Pacific Corp (NYSE:LPX) indicates that the trading volumes over the past 3 months, they’ve averaged 682.73K. According to company’s latest data on outstanding shares, there are 70.00 million shares outstanding.
Nearly 1.85% of Louisiana-Pacific Corp’s shares belong to company insiders and institutional investors own 93.53% of the company’s shares. The stock has fallen by -13.02% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LPX stock heading into the next quarter.
