Lloyds Banking Group Plc (LYG) : Traders are bullish on Lloyds Banking Group Plc (LYG) as it has outperformed the S&P 500 by a wide margin of 8.27% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.44%, 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 4.75% in the last 1 week, and is up 8.04% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The shares have received a consensus rating of Sell for the current week The stock has recorded a twenty day Moving Average of 6.13% and the fifty day Moving Average is 2.17%. Lloyds Banking Group plc has dropped 27.19% during the last three month period . Year-to-Date the stock performance stands at -25.9%.
Lloyds Banking Group Plc (NYSE:LYG): On Fridays trading session , Opening price of the stock was $3.13 with an intraday high of $3.16. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $3.06. However, the stock managed to close at $3.09, a loss of 0.96% for the day. On the previous day, the stock had closed at $3.12. The total traded volume of the day was 4,732,191 shares.
Lloyds Banking Group plc is engaged in providing financial services to individual and business customers in the United Kingdom and in certain locations overseas. The Company offers retail and commercial banking, and long-term savings, protection and investment. It operates through five segments: Retail, Commercial Banking, Consumer Finance, Insurance and TSB Banking Group plc (TSB). Retail segment provides banking, mortgages and other financial services to personal customers in the United Kingdom. Commercial Banking segment provides banking and related services to business clients. Consumer Finance segment provides asset finance and credit card products. Insurance segment provides long-term savings, protection and investment products, as well as general insurance products in the United Kingdom. TSB is engaged in retail banking business. Its services are offered through various brands, including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows.