Legg Mason, Inc. stock performance trend indicates that the stock price has rallied 17.74% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 6.87% . Looking at the past 52 week period, the stock price is up at 3.23% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Legg Mason, Inc. has a negative value of -1.31 compared to overall market performance.Legg Mason, Inc. is having a Relative Strength Index of 50 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Legg Mason, Inc. (NYSE:LM) has tumbled 1.3% during the past week and has dropped 2.51% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.53%. Legg Mason, Inc. (NYSE:LM) has underperformed the index by 3.62% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Legg Mason, Inc. (NYSE:LM) stock ended Friday session in the red zone in a volatile trading. The stock closed down 1.01 points or 2.75% at $35.78 with 1,794,235 shares getting traded. Post opening the session at $36.65, the shares hit an intraday low of $35.76 and an intraday high of $36.83 and the price was in this range throughout the day. The company has a market cap of $3,487 million and the number of outstanding shares has been calculated to be 97,446,938 shares. The 52-week high of Legg Mason, Inc. (NYSE:LM) is $38.99 and the 52-week low is $27.54.
Company has reported several Insider transactions to the SEC, on Feb 17, 2017, Joseph A Sullivan (Chairman, President & CEO) sold 29,744 shares at 36.06 per share price.On Feb 17, 2017, Thomas C Merchant (Exec VP & General Counsel) sold 6,595 shares at 36.06 per share price.On Jun 7, 2016, Carol Anthony Davidson (director) purchased 3,000 shares at 33.92 per share price.
Legg Mason Inc Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.65 EPS for the quarter. Analyst had a consensus estimate of $0.65. The company had revenue of $715.20 million for the quarter, compared to analysts expectations of $714.13 million. The companys revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.45 EPS.
Legg Mason, Inc. is a holding company which, through its subsidiaries, is principally engaged in providing asset management, securities brokerage, investment banking and related financial services to individuals, institutions, corporations and municipalities.