Laboratory Corp. of America Holdings (LH) experienced unusually high volume on Jan. 18, as the stock lost 0.56% to a closing price of $111.07. The stock saw 1.61 million shares trade hands over the course of the day on 14,799 trades. Given that the stock’s average daily volume over the last month has been 948,120 shares a day, this represents a pretty substantial spike over the norm.
Laboratory Corp. of America Holdings has a P/B ratio of 2.29. It also has a P/E ratio of 24.6. The stock has traded between $131.19 and $105.77 over the last 52-weeks, its 50-day SMA is now $121.46, and its 200-day SMA $120.32.
Laboratory Corp of America Hldgs offers testing services used by the medical profession in core testing, patient diagnosis and in the monitoring and treatment of disease.
Headquartered in Burlington, NC, Laboratory Corp. of America Holdings has 48,000 employees and is currently under the leadership of CEO James T. Boyle / Deborah L. Keller / David P. King.
For a complete fundamental analysis analysis of Laboratory Corp. of America Holdings, check out Equities.com’s Stock Valuation Analysis report for LH. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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