Monday, July 21, 2014

The Effects of LOW’s Expansion On Its Stock Price

Lowe’s Companies, Inc. is a retail company that is engaged with the home improvement items and services. The company is currently operating more than 1745 stores worldwide. 95% of these stores are located in U.S and others are in Canada and Mexico. The company aims to expand its infrastructure in the future by opening more stores in South America, Europe and East Asia. This news has positively affected the performance of the LOW stocks in the stock market, because the investors are taking more interest in the LOW stock due to the effective planning of the company to spread out in the future.

The LOW stock quote for today suggests that the current stock price is $48.90 with the average change of 0.04%. The 52-week high and low prices of the company’s stocks are $52.08 and $37.09, respectively. The average volume of the stocks that is being traded currently in the stock market is 6,504,135. As far as the stock price history is concerned, we see that the stock price has significantly increased in the last 5 years, which a direct testimony of the statement mentioned above, in that the company is aiming to expand in South America and other regions of the world.

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