Lear (LEA) Hits New Lifetime High Today

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Trade-Ideas LLC identified Lear ( LEA) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Lear as such a stock due to the following factors:

  • LEA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $55.9 million.
  • LEA has traded 6,382 shares today.
  • LEA is trading at a new lifetime high.

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More details on LEA:

Lear Corporation designs, manufactures, assembles, and supplies automotive seating, electrical distribution systems, and related components primarily to automotive original equipment manufacturers worldwide. It operates through two segments, Seating and Electrical. The stock currently has a dividend yield of 0.9%. LEA has a PE ratio of 17.2. Currently there are 5 analysts that rate Lear a buy, no analysts rate it a sell, and 3 rate it a hold.

The average volume for Lear has been 682,800 shares per day over the past 30 days. Lear has a market cap of $7.5 billion and is part of the consumer goods sector and automotive industry. The stock has a beta of 1.15 and a short float of 1.2% with 0.91 days to cover. Shares are up 14.2% year-to-date as of the close of trading on Friday.

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