Las Vegas Sands (LVS) Shares are Up 4.8%

Las Vegas Sands (LVS) : Traders are bullish on Las Vegas Sands (LVS) as it has outperformed the S&P 500 by a wide margin of 13.99% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.24%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 4.8% in the last 1 week, and is up 11.68% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 8.82% and the 50-Day Moving Average is 14.78%.The 200 Day SMA reached 26.03% Las Vegas Sands Corp. is up 26.1% in the last 3-month period. Year-to-Date the stock performance stands at 36.9%.


Las Vegas Sands (LVS) : 8 investment research analysts covering Las Vegas Sands (LVS) have an average price target of $50.25 for the near short term. The highest target price given by the Brokerage Firm to the stock is $61 and the lowest target is $42 for the short term. Analysts expect the variance to be within $5.87 of the average price.

For the current week, the company shares have a recommendation consensus of Buy. Las Vegas Sands (NYSE:LVS): stock was range-bound between the intraday low of $58.01 and the intraday high of $58.65 after having opened at $58.26 on Fridays session. The stock finally closed in the red at $58.26, a loss of -0.21%. The stock remained in the red for the whole trading day. The total traded volume was 4,091,165 shares. The stock failed to cross $58.65 in Fridays trading. The stocks closing price on Thursday was $58.31.

Las Vegas Sands Corp. (LVSC) is a developer of destination properties that offers accommodations, gaming, entertainment and retail, convention and exhibition facilities, celebrity chef restaurants and other amenities. The Companys principal operating and developmental activities occur in three geographic areas: Macao, Singapore and the United States. In Macao, its operating segments are The Venetian Macao; Sands Cotai Central; Four Seasons Macao; Sands Macao, and Other Asia (that includes its ferry operations and various other operations). In Singapore, its operating segment is Marina Bay Sands. In the United States, its operating segments are The Venetian Las Vegas, which includes the Sands Expo Center and The Palazzo, and Sands Bethlehem. The Paiza Club located at the Companys properties is an invitation-only club, which offers a range of services and amenities. The Company also offers players club loyalty programs at its properties.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.