Here is the latest forecast and market data for Louisiana-Pacific Corporation($LPX)

Market Data

In this article we will be analyzing Louisiana-Pacific Corporation. We will be looking over the current market data to assess wether or not it is a good investment. To get started, the stock opened this morning at $55.5 and has moved $-2.59 from yesterday’s closing price of $55.32. The high for today is $55.705 and the low is $52.62. A great indicator of where a stock is trending is by looking at it’s 52-week high/low. This is a technical indicator used by some traders and investors who view these figures as an important factor in the analysis of a stock’s current value and as a predictor of its future price movement. The 52-week high for Louisiana-Pacific Corporation is $76.35 and the low is $26.47. The volume (the number of shares traded in a stock or contracts traded in futures or options.) is 2954028. Now that we know where Louisiana-Pacific Corporation stands in price and volume, let’s learn more about the future of the company.

Forecast & Beta

As an investor, you can get an idea of where the stock is trending by the forecast and beta. Beta is calculated using regression analysis. A beta of 1 indicates that the security’s price tends to move with the market. A beta greater than 1 indicates that the security’s price tends to be more volatile than the market. A beta of less than 1 means it tends to be less volatile than the market. Louisiana-Pacific Corporation has a beta of 1.85149. Knowing all of this, we project that Louisiana-Pacific Corporation will have a price of $79.56 in 12-months compared to it’s current price of $52.73 ($-78.05 difference). We can also take a look at the comapany’s marketcap. Marketcap is important because it allows investors to understand the relative size of one company versus another. Market cap measures what a company is worth on the open market, as well as the market’s perception of its prospects, because it reflects what investors are willing to pay for its stock. Louisiana-Pacific Corporation has a marketcap of $5862183000.

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