LOAR Stock Summary and Trading Ideas (Loar Holdings | NYSE:LOAR)

Loar Holdings Inc in the design, manufacture, and sale of niche aerospace and defense components that are essential for today's aircraft and aerospace and defense systems. Its manufactured products includes auto throttles, lap-belt airbags, two- and three-point seat belts, water purification systems, fire barriers, polyimide washers and bushings, latches, hold-open and tie rods, temperature and fluid sensors and switches, carbon and metallic brake discs, fluid and pneumatic-based ice protection, RAM air components, sealing solutions and motion and actuation devices, among others. It operate across ten manufacturing facilities located in the United States, one manufacturing facility in Germany and one manufacturing facility in the United Kingdom (UK).

Loar Holdings trades on the NYSE stock market under the symbol LOAR.

As of May 7, 2024, LOAR stock price declined to $49.83 with 128,201 million shares trading.

LOAR has a market cap of $4.39 billion. This is considered a Mid Cap stock.

The top ETF exchange traded funds that LOAR belongs to (by Net Assets): GSC, TMSL.

LOAR support price is $48.06 and resistance is $54.14 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LOAR stock will trade within this expected range on the day.