Shares of Lloyds Banking Group Plc (LYG) Rally 10.22%

Lloyds Banking Group Plc (LYG) has been under a strong bear grip, hence the stock is down -24.05% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 8.6% in the past 1 week. The stock has risen by 10.22% in the past week indicating that the buyers are active at lower levels, but the stock is down -20.74% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 6.99% and the 50-Day Moving Average is 18.45%.

Lloyds Banking Group Plc (NYSE:LYG): The stock opened at $3.06 on Friday but the bulls could not build on the opening and the stock topped out at $3.06 for the day. The stock traded down to $3.00 during the day, due to lack of any buying support eventually closed down at $3.02 with a loss of -0.98% for the day. The stock had closed at $3.05 on the previous day. The total traded volume was 6,166,541 shares.


The company Insiders own 0.01% of Lloyds Banking Group Plc shares according to the proxy statements. Institutional Investors own 1.56% of Lloyds Banking Group Plc 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.

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