Lincoln Electric Holdings Inc. (LECO) is Trading Higher on Unusual Volume for January 25

Equities Staff |

Lincoln Electric Holdings Inc. (LECO) experienced unusually high volume on Jan. 25, as the stock gained 2.07% to a closing price of $47.94. The stock saw 1.22 million shares trade hands over the course of the day on 12,621 trades. Given that the stock’s average daily volume over the last month has been 498,212 shares a day, this represents a pretty substantial spike over the norm.

Lincoln Electric Holdings Inc. has a P/B ratio of 3.44. It also has a P/E ratio of 23.8. The stock has traded between $72.50 and $45.54 over the last 52-weeks, its 50-day SMA is now $52.55, and its 200-day SMA $58.62.

Lincoln Electric Holdings, Inc., manufactures welding, cutting and brazing products. Its welding product includes arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes and fluxes.

Headquartered in Cleveland, OH, Lincoln Electric Holdings Inc. has 10,000 employees and is currently under the leadership of CEO Christopher L. Mapes.

For a complete fundamental analysis analysis of Lincoln Electric Holdings Inc., check out Equities.com’s Stock Valuation Analysis report for LECO. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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