Lockheed Martin Corporation (LMT) : During the past 4 weeks, traders have been relatively bearish on Lockheed Martin Corporation (LMT), hence the stock is down -1.62% 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 -3.77% relative to the S&P 500. The 4-week change in the price of the stock is -1.24% and the stock has fallen -3.8% in the past 1 week.
Lockheed Martin Corporation is up 6.58% in the last 3-month period. Year-to-Date the stock performance stands at 18.72%. The stock has recorded a 20-day Moving Average of 1.49% and the 50-Day Moving Average is 1.19%.
Lockheed Martin Corporation (NYSE:LMT): The stock opened at $254.73 on Friday but the bulls could not build on the opening and the stock topped out at $255.00 for the day. The stock traded down to $252.70 during the day, due to lack of any buying support eventually closed down at $254.12 with a loss of -0.51% for the day. The stock had closed at $255.42 on the previous day. The total traded volume was 2,412,945 shares.
Also, Equity Analysts at the Berenberg downgrades the rating on Lockheed Martin Corporation (NYSE:LMT). The brokerage firm has issued a Hold rating on the shares. The shares were previously rated Buy. The rating by the firm was issued on May 31, 2016.
Lockheed Martin Corporation is a global security and aerospace company. The Company is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Company operates in five segments: Aeronautics, Information Systems & Global Solutions (IS&GS), Missiles and Fire Control (MFC), Mission Systems and Training (MST) and Space Systems. The Company provides a range of management, engineering, technical, scientific, logistics and information services. The Companys areas of focus are in defense, space, intelligence, homeland security and information technology, including cyber security. It serves both the United States and international customers with products and services that have defense, civil and commercial applications.