Today Lockheed Martin (LMT) Hits New Lifetime High

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

  • LMT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $256.2 million.
  • LMT has traded 37,086 shares today.
  • LMT is trading at a new lifetime high.

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More details on LMT:

Lockheed Martin Corporation, a security and aerospace company, is engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services for defense, civil, and commercial applications in United States and internationally. The stock currently has a dividend yield of 3.4%. LMT has a PE ratio of 18.3. Currently there are 4 analysts that rate Lockheed Martin a buy, 1 analyst rates it a sell, and 10 rate it a hold.

The average volume for Lockheed Martin has been 1.2 million shares per day over the past 30 days. Lockheed Martin has a market cap of $56.3 billion and is part of the industrial goods sector and aerospace/defense industry. The stock has a beta of 0.57 and a short float of 2.6% with 3.34 days to cover. Shares are up 22.1% year-to-date as of the close of trading on Friday.

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