Why Lloyds Banking Group Is Trading Higher Today
Lloyds Banking Group's Stock Price And Volume Action
Lloyds Banking Group's (NYSE:LYG) stock is trading up 3.2% to a price of $2.42. The stock's volume is currently 1.73 million, which is roughly 27.54% of its recent 30-day volume average of 6.27 million.
Why It's Moving
Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Lloyds Banking Group shares are trading higher after Deutsche Bank upgraded the stock from Hold to Buy.
Further Analysis of Recent Price Action
The moving average price of the stock over the past 50 days was $2.17 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $2.38 and as low as $1.17.
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