Leidos Holdings Inc (NYSE: LDOS) Recovers 69.66% From 52-Week Low, Is LDOS Still A High-Risk, High-Reward Play?

Leidos Holdings Inc (NYSE:LDOS) currently has a daily average trading volume of 946.34K but it saw 1018460 shares traded in last market. With a market cap of 20.12B USD, the company’s current market price of $148.84 came rising about 2.61 while comparing to the previous closing price of $145.05. In past 52 weeks, the stock remained buoying in the range of price level as high as $151.32 and as low as $87.73.

Taking a look at 20-day trading activity of Leidos Holdings Inc (LDOS) gives us an average price of $145.79, while its current price level is -1.64% below from 52-week high level whereas it is 69.66% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $145.63 while that of 200 days or SMA-200 reads an average of $120.34. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.35% during that period while stretching the period over a month that increases to 1.44%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 61.76 which implies that the stock is in neutral territory.

#####

#####

Wells Fargo also issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $87 and $102.

Over the week, LDOS’s stock price is moving 2.04% up while it is 2.75% when we observe its performance for the past one month. Year-to-date it is 37.51% up and over the past year, the stock is showing an upside performance of 69.08%.

#####

Currently, Leidos Holdings Inc’s total number of outstanding shares is 135.77M. Company’s return on investment (ROI) stands at 3.42% and return on equity (ROE) at 7.41%. It has a price to earnings ratio (P/E ratio) of 64.16 while having a 16.02 of forward P/E ratio. Stock’s beta reads 0.68. Stock has a price to book (P/B) ratio of 4.72 while price to sale or P/S ratio amounts to 1.28. Its return on asset (ROA) is 2.47% on average.

#####