Lockheed Martin Corporation (LMT) fell -0.76% during last trading as the stock lost $-1.91 to finish the day at $251 with about 2.33M shares changing hands, compared to its three month average trading volume of 1.57M. The $74.92B market cap company, which fluctuated between $248 and $254.33 during the day, currently situated 28.76% above its 52 week low of $203.65 and -7% away from its one year high of $269.9. The RSI of 40.02 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. Its Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The company’s Information Systems & Global Solutions segment provides technology systems and expertise, integrated information technology solutions, and management services; and supports customers in data analytics, data center operation, and air traffic management. This segment also provides network-enabled situational awareness; integrates complex global systems that help customers to gather, analyze, and distribute critical data; and technical and sustainment services. Its Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations and engineering support, readiness, and integration services; manned and unmanned ground vehicles; and energy management solutions. The company’s Rotary and Mission Systems segment offers helicopters; and integrated air and missile defense, littoral warfare, undersea warfare, radar, electronic warfare, cyber solutions, C4ISR systems, and training and logistics systems. Its Space Systems provides satellites, strategic and defensive missile systems, and space transportation systems; and classified systems and services in the support of national security systems. The company serves civil, defense, intelligence, and other government customers. Lockheed Martin Corporation was founded in 1909 and is headquartered in Bethesda, Maryland.
The Sherwin-Williams Company (SHW) gained $2.65 to close the day at a new closing price of $283.42, a 0.94% increase in value from its previous closing price that moved the stock 19.09% above its 52 week low of $239.48. A total of 2.33M shares exchanged hands during the day compared with its three month average trading volume of 995.62K. The stock, which fluctuated between $280.14 and $283.42 during the day, currently situated -8.75% below its 52 week high. The stock is up by 4.89% in the past one month and up by 2.32% over the past three months. With a one year target estimate of $303.25 and RSI of 58.99, the stock still has upside potential, making it a hold for now.
The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America, the Caribbean, Europe, and Asia. The company operates in four segments: Paint Stores Group, Consumer Group, Global Finishes Group, and Latin America Coatings Group. It offers architectural paint and coatings, protective and marine products, automotive finishes and refinish products, original equipment manufacturer product finishes, and related items. The company also licenses technology and trade names. As of December 31, 2015, its Paint Stores Group segment operated 4,086 company-operated specialty paint stores; Global Finishes Group segment operated 296 company-operated branches; and Latin America Coatings Group segment operated 291 company-operated stores. The company also sells its products through direct sales staff and outside sales representatives to retailers, dealers, jobbers, licensees and other third party distributors. The Sherwin-Williams Company was founded in 1866 and is headquartered in Cleveland, Ohio.
American Electric Power Company, Inc. (AEP) had a light trading with around 2.32M shares changing hands compared to its three month average trading volume of 2.66M. The stock traded between $62.41 and $62.83 before closing at the price of $62.53 with -0.4% change on the day. The Columbus Ohio 43215 based company is currently trading 14.14% above its 52 week low of $56.75 and -10.76% below its 52 week high of $71.32. Both the RSI indicator and target price of 51.22 and $67.08 respectively, lead us to believe that it should be put on hold over the coming weeks.
American Electric Power Company, Inc., a public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers. The company generates electricity using coal and lignite, natural gas, nuclear, and hydroelectric and other energy sources. It also supplies and markets electric power at wholesale to other electric utility companies, rural electric cooperatives, municipalities, and other market participants. The company delivers electricity to approximately 5.4 million customers in 11 states. The company owns and leases approximately 4,838 railcars, 498 barges, 12 towboats, 8 harbor boats, and a coal handling terminal. American Electric Power Company, Inc. was founded in 1906 and is headquartered in Columbus, Ohio.