Among the biggest risers on the S&P 500 on Tuesday September 12 was L Brands Inc. ($LB), popping some 3.85% to a price of $39.36 a share with
some 4.64 million shares trading hands.
Starting the day trading at $38.37, L Brands Inc. reached an intraday high of $40.04 and hit intraday lows of $38.21. Shares gained $1.46 apiece by day’s end. Over the last 90
days, the stock’s average daily volume has been 4.19 million of its 283.85 million share total float. Today’s action puts the stock’s 50-day SMA at $41.15 and 200-day
SMA at $50.64 with a 52-week range of $35.00 to $75.94.
L Brands Inc is a women’s intimate, personal care, and beauty retailer. The company through its retail outlets sells products under various brands such as Victoria’s Secret, Pink, Bath & Body Works, La Senza, and Henri Bendel brands.
L Brands Inc. has its corporate headquarters located in Columbus, OH and employs 93,600 people. Its market cap has now risen to $11.17 billion after today’s trading, its P/E
ratio is now 11.1, its P/S 0.88, P/B -12.22, and P/FCF 80.3.
You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of L Brands Inc., check out Stock Valuation Analysis tool for LB.
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Commentary and Adam Sarhan’s Find Leading Stocks today.
The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional
investors in gauging portfolio performance is the S&P 500.
The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting
method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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