Lowe's Companies (LOW) Is Today's Pre-Market Laggard Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Trade-Ideas LLC identified Lowe's Companies ( LOW) as a pre-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Lowe's Companies as such a stock due to the following factors:

  • LOW has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $319.0 million.
  • LOW traded 16,509 shares today in the pre-market hours as of 9:03 AM.
  • LOW is down 3.9% today from yesterday's close.

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More details on LOW:

Lowe's Companies, Inc. operates as a home improvement retailer. The company offers products for maintenance, repair, remodeling, and home decorating. The stock currently has a dividend yield of 1.3%. LOW has a PE ratio of 26.5. Currently there are 12 analysts that rate Lowe's Companies a buy, no analysts rate it a sell, and 8 rate it a hold.

The average volume for Lowe's Companies has been 4.5 million shares per day over the past 30 days. Lowe's Companies has a market cap of $68.3 billion and is part of the services sector and retail industry. The stock has a beta of 1.32 and a short float of 1% with 1.82 days to cover. Shares are up 4.3% year-to-date as of the close of trading on Wednesday.

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