Notable Stock to Watch: Lincoln Electric Holdings, (NASDAQ: LECO)

Lincoln Electric Holdings, (NASDAQ: LECO) stock identified change of 17.32% away from 52-week low price and recently located move of -13.42% off 52-week high price. It has market worth of $5267.15M and dividend yield of 2.22%. LECO stock has been recorded 5.52% away from 50 day moving average and 1.46% away from 200 day moving average. Moving closer, we can see that shares have been trading 3.73% off 20-day moving average.

On July 18, 2019, Lincoln Electric Holdings, (NASDAQ: LECO) announced that its Board of Directors has declared a quarterly cash dividend of $0.47 per common share, payable October 15, 2019 to shareholders of record as of September 30, 2019.

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Lincoln Electric is the world leader in the design, development and manufacture of arc welding products, robotic arc welding systems, plasma and oxyfuel cutting equipment and has a leading global position in the brazing and soldering alloys market.  Headquartered in Cleveland, Ohio, Lincoln has 60 manufacturing locations, including operations and joint ventures in 19 countries and a worldwide network of distributors and sales offices covering more than 160 countries. The Industrial Goods sector company, Lincoln Electric Holdings noticed change of 1.10% to $84.79 along volume of 567456 shares in recent session compared to an average volume of 349.54K. The stock observed return of 1.50% in 5 days trading activity. The stock was at 6.82% over one month performance. LECO’s shares are at -7.34% for the quarter and driving a -6.45% return over the course of the past year and is now at 7.53% since this point in 2018. 

 The average volatility for the week at 1.97% and for month was at 1.88%. There are 62.12M shares outstanding and 58.43M shares are floated in market. Right now the stock beta is 1.25. 

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