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$44.10 (-2.28%)

Volume: 435k

Closed: Dec 08, 2021

Hollow Logo Score: -2.471

Lazard Ltd Stock Forecast

$44.10 (-2.28%)

Volume: 435k

Closed: Dec 08, 2021

Score Hollow Logo -2.471
Which way will LAZ go? Request
Key Stats
P/E Ratio 9.92
Beta 1.18
Trailing Dividend Rate 3.17% ($1.40)
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 41 and the stock is currently not being overbought or oversold

Evaluation of Lazard Ltd stock downgraded after the last trading session.
(Updated on Dec 08, 2021)


Sell candidate since 2021-12-06 Gain 0.75%

The Lazard Ltd stock price fell by -2.28% on the last day (Wednesday, 8th Dec 2021) from $45.13 to $44.10. During the day the stock fluctuated 2.55% from a day low at $44.10 to a day high of $45.23. The price has fallen in 6 of the last 10 days and is down by -4.83% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -308 thousand shares and in total, 435 thousand shares were bought and sold for approximately $19.19 million.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -5.10% during the next 3 months and, with a 90% probability hold a price between $40.02 and $48.97 at the end of this 3-month period.

Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Lazard Ltd stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term moving average at $47.38. On a fall, the stock will find some support from the short-term average at $43.59. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Tuesday, December 07, 2021, and so far it has fallen -2.28%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss

Lazard Ltd finds support from accumulated volume at $43.77 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $1.13 between high and low, or 2.55%. For the last week, the stock has had a daily average volatility of 3.21%.

Our recommended stop-loss: We hold an negative evaluation for this stock. No stop-loss is set.

Is Lazard Ltd stock A Buy?

Lazard Ltd holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.471

Predicted Opening Price for Lazard Ltd of Thursday, December 9, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 9, 2021 Current price
$44.48 $44.10 (Undervalued)
Sell Candidate Downgraded

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Analyst Ratings

On Dec 08, 2021 "Morgan Stanley" gave "$61.00 - $55.00" rating for LAZ. The price target was changed from $44.83 to 0.7%.

Volatility and Risk
Daily Average Volatility: 3.21 %
Overall Risk: Very High High Medium Low Very Low
Volatility
3.21 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $47.19
Price: $44.10
Support: $43.77

LAZ Insider Trading Show all Trades

INSIDER POWER

0.633

Last 100 transactions
Buy: 775 307 | Sell: 1 225 128 (Shares)
Date Action Amount Person Type
Nov 23, 2021 Sell 25 000 Hoffman Scott D Class A Common Stock
Nov 19, 2021 Buy 110 Orszag Peter Richard Restricted Class A Common Stock
Nov 19, 2021 Buy 241 Ragone Dominick Restricted Stock Units
Nov 19, 2021 Buy 91 Ragone Dominick Restricted Class A Common Stock
Nov 19, 2021 Buy 1 082 Soto Alexandra Restricted Stock Units
Show all Insider Trades
INSIDER POWER

0.633

Last 100 transactions
Buy: 775 307 | Sell: 1 225 128 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 45.60 3.40 %
45.17 2.43 %
44.90 1.82 %
Current price: 44.10
Support 44.05 -0.12 %
43.78 -0.73 %
43.35 -1.70 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 48.99 11.09 %
48.69 10.41 %
47.19 7.01 %
Current price 44.10
Support 43.77 -0.75%
42.62 -3.36%
42.39 -3.88%

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About Lazard Ltd

Lazard Ltd Lazard Ltd, together with its subsidiaries, operates as a financial advisory and asset management firm worldwide. Its Financial Advisory segment offers various financial advisory services regarding mergers and acquisitions and other strategic matters, restructurings, capital structure, capital raising, corporate preparedness, and various other financial matters. This segment serves corporate, partnership, institutional, government, sovereign, and... Read more

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