Lockheed Martin Corporation (LMT) Shares are Down -2.49%

Lockheed Martin Corporation (LMT) : During the past 4 weeks, traders have been relatively bearish on Lockheed Martin Corporation (LMT), hence the stock is down -0.95% 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 -2.65% relative to the S&P 500. The 4-week change in the price of the stock is -1.48% and the stock has fallen -2.49% in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.9% and the 50-Day Moving Average is 3.56%.The 200 Day SMA reached 4.07%


Lockheed Martin Corporation (NYSE:LMT): The stock opened in the green at $243.06 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $243.47 and a low of $237.33 for the day. The stock did not find buyers even at the lows and closed at $239.72 recording a loss of -1.08%. 2,167,014 shares exchanged hands during the trading day. The stock had closed at $239.72 in the previous days trading.

Lockheed Martin Corporation (LMT) : The most positive equity analysts on Lockheed Martin Corporation (LMT) expects the shares to touch $297, whereas, the least positive believes that the stock will trade at $240 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $267.88 with an expected fluctuation of $20 from the mean.

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.

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