Loblaw Companies (OTCMKTS:LBLCF) Hits New 52-Week High – Should You Buy?

Loblaw Companies Limited (OTCMKTS:LBLCF – Get Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as $45.08 and last traded at $45.06, with a volume of 1807 shares trading hands. The stock had previously closed at $44.5590.

Loblaw Companies Stock Up 1.0%

The stock’s 50 day simple moving average is $40.88 and its two-hundred day simple moving average is $99.43.

About Loblaw Companies

(Get Free Report)

Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparels, general merchandise, financial services, and wireless mobile products and services in Canada. It operates in two segments, Retail and Financial Services. The Retail segment operates corporate and franchise-owned retail food, and associate-owned drug stores.

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