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L Brands Inc Trading Higher Today on Above-Average Volume, Consistent With Trend (LB)

By David Diaz

Shares of L Brands Inc are trading up 10.8% to $31.59 today on above average volume. Approximately 6.0 million shares have changed hands today vs. average 30-day volume of 5.3 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is tracking the current trend status for L Brands Inc and will alert subscribers who have LB in their portfolio or watchlist when shares have changed trend direction.

L Brands Inc share prices have moved between a 52-week high of $63.10 and a 52-week low of $25.89 and are now trading 23% above that low price at $31.86 per share. The 200-day and 50-day moving averages have moved 1.25% lower and 0.47% lower over the past week, respectively.

Keywords: unusual volume l brands inc

Ticker(s): LB