Lloyds Banking Group (NYSE:LYG) traded at a new 52-week low today of $1.66. So far today approximately 7.5 million shares have been exchanged, as compared to an average 30-day volume of 4.1 million shares.
Lloyds Banking Group plc, through subsidiaries and associated companies, offers a range of banking and financial services. The Company provides retail banking, mortgages, pensions, asset management, insurance services, corporate banking, and treasury services.
Lloyds Banking Group (NYSE:LYG) has potential upside of 87.0% based on a current price of $1.69 and analysts' consensus price target of $3.16. Lloyds Banking Group shares should first meet resistance at the 50-day moving average (MA) of $2.05 and find additional resistance at the 200-day MA of $2.99.
Lloyds Banking Group share prices have moved between a 52-week high of $4.49 and the current low of $1.67. Over the past week, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has declined 0.9%.