Million

Change

Yield

Billion

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>LOW stock price showed massive bears’ activity in its recent trading session.</a> </li> 
 <li> <span>2</span> <a>Over 9 Million of volume activity led the LOW stock price to reach its 100-day moving average.</a> </li> 
</ul> 
<p>Lowe’s Companies Inc. (LOW) stock price lost $10.85 in its most recent trading session, which dropped the stock price over 4% in a day. However, last week the stock further showed a 5.45% price decline that opposes the monthly price analysis with a 0.31% price gain.&nbsp;</p> 
<p>Late last month, Lowe’s Companies Inc. reported its Q2 2023 report. After this, the stock price mostly showed bears’ dominance. Notably, earlier in March 2023, LOW share price experienced almost similar volume activity.</p> 
<h2 class="wp-block-heading" id="strong-will-low-stock-price-change-its-previous-trend-strong"><strong>Will LOW Stock Price Change its Previous Trend?</strong></h2> 
<p>In the pre-market trading session, LOW stock price is showing volatility in its trading price. It is quite unclear now so as to predict the upcoming trend in LOW stock price. However, the previous market analysis of the stock pointed towards the increased bears’ activity that took its RSI near the oversold zone.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" loading="lazy" width="1024" height="464" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-523-1024x464.png" alt="" class="wp-image-169170" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-523-1024x464.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-523-300x136.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-523-768x348.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-523-750x340.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-523-1140x517.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-523.png 1281w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   <strong>Source: LOW/USD by </strong><a href="https://www.tradingview.com/x/PEBv7jFY/" target="_blank" rel="noreferrer noopener"><strong>TradingView</strong></a>
  </figcaption>
 </figure>
</div> 
<p>Earlier last week, LOW <a href="https://www.thecoinrepublic.com/2023/09/17/barc-stock-analysis-showed-bullish-trend-with-over-9-price-rise/">stock </a>price was trading above its 20-day moving average. However, bears were active during that time but their volume was between 1 to 2 Million. Near the weekend, bears’ dominance massively increased which replicated its previous volume activity that was almost 6 months ago.</p> 
<p>At press time, price fluctuations can be clearly seen in its pre-market price. If the stock price continues its previous market trend, then LOW stock may slide slightly down from its 100-day moving average. On the other hand, if bulls take control, then slight upside movement can be expected in September 18, 2023, today’s trading session.</p> 
<h3 class="wp-block-heading" id="strong-financial-update-of-lowe-s-companies-strong"><strong>Financial Update of Lowe’s Companies</strong></h3> 
<p>Lowe’s Companies Inc. (NYSE: LOW), an American <a href="https://www.thecoinrepublic.com/2023/09/10/retailer-stocks-know-the-top-5-stocks-with-market-analysis/" target="_blank" rel="noreferrer noopener">retail </a>company, has a market cap of nearly $126.97 Billion. Its price-to-sales ratio is 1.45 whereas the company has an Enterprise Value to EBITDA ratio of 11.20. Its dividends are paid on a quarterly basis and the next dividend per share is expected to be $1.10. As of today, the Dividend Yield (TTM)% is 1.93%.</p> 
<p>In late August 2023, the company reported its Q2 2023 result that states its net income is $2.67 Billion. The earnings per share (EPS) of LOW is $4.56 whereas the estimation was $4.47 which accounts for a 2.04% surprise. Moreover, the revenue for the same quarter amounts to $24.96 Billion despite the estimated figure of $24.97 Billion.</p> 
<p>For the upcoming quarter, the estimated EPS is $3.13, and the revenue is expected to reach $21.18 Billion. Last year, the revenue of Lowe’s Company Inc. reached $97.06 Billion. However, the U.S. made its greatest contribution to the revenue figure that brought the company to $92.01 Billion.</p> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational ideas only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss.</p>

LOW Stock Price Dropped from its 200-day Moving Average

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