Shares of Lowes Companies (LOW) Drops by -0.81%

Lowes Companies (LOW) has risen sharply, recording gains of 4.14% in the past 4 weeks. However, the stock has corrected -0.81% in the past 1 week, providing a good buying opportunity on dips. Lowes Companies (LOW) : During the past 4 weeks, traders have been relatively bearish on Lowes Companies (LOW), hence the stock is down -0.22% 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 -2.27% relative to the S&P 500. The stock has recorded a 20-day Moving Average of 2.72% and the 50-Day Moving Average is 3.88%.

Lowes Companies (NYSE:LOW): The stock opened at $82.24 on Friday but the bulls could not build on the opening and the stock topped out at $82.75 for the day. The stock traded down to $81.54 during the day, due to lack of any buying support eventually closed down at $81.67 with a loss of -0.56% for the day. The stock had closed at $82.13 on the previous day. The total traded volume was 5,409,081 shares.


The company Insiders own 0.39% of Lowes Companies shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -24.39% . Institutional Investors own 77.85% of Lowes Companies shares. During last six month period, the net percent change held by insiders has seen a change of -23.01%. In a related news,The officer (CDO & President, Intl) of Lowes Companies Inc, Maltsbarger Richard D sold 12,656 shares at $80.21 on May 31, 2016. The Insider selling transaction had a total value worth of $1,015,138. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Lowes Companies, Inc. (Lowes) is a home improvement retailer. As of January 30, 2015, Lowes operated 1,840 home improvement and hardware stores, representing approximately 201 million square feet of retail selling space. Lowes is consisted of 1,793 stores located across 50 states in the United States, including 74 Orchard Supply Hardware (Orchard) stores in California and Oregon, as well as 37 stores in Canada, and 10 stores in Mexico. It serves homeowners, renters, and professional customers (Pro customers). Its retail customers, consisted of individual homeowners and renters, complete a range of projects. The Pro customer consists of two categories: construction trades, and maintenance, repair and operations. The Company offers a range of products for maintenance, repair, remodeling, and decorating.

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