Labcorp LH
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Labcorp (LH) Business Model and Operations Summary
Labcorp Holdings, Inc. provides laboratory services to help doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. The company was founded on April 16, 2024 and is headquartered in Burlington, NC.
Key Insights
Labcorp (LH) Stock Information & Key Business Metrics
Market Cap
$20.88 BillionAverage Daily Volume
612,068 Shares52-Week Range
$209.38-$293.72Price-Earnings Ratio
24.27Free Cash Flow
$1.38 BillionTotal Outstanding Shares
82.90 Million SharesFree Float
82.77 Million Shares (99.6% Outstanding)CEO
Adam H. SchechterTotal Employees
70,000Current Dividend
$0.72 Per Share QuarterlyIPO Date
July 7, 1988Headquarters
358 S Main St, Burlington, NC, 27215