Lorillard Stock Hits New 52-Week High (LO)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Tuesday as it is currently trading at $128.12, above its previous 52-week high of $127.68 with 86,841 shares traded as of 9:35 a.m. ET. Average volume has been 1.2 million shares over the past 30 days.
Lorillard has a market cap of $15.13 billion and is part of the
sector and
industry. Shares are up 11.4% year to date as of the close of trading on Friday.
Lorillard, Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes in the United States. The company offers 43 different product offerings under the Newport, Kent, True, Maverick, and Old Gold brand names. Lorillard, Inc. The company has a P/E ratio of 16.1, above the average tobacco industry P/E ratio of 15.1 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Lorillard as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full
.
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