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Litecoin vs. Stanley Black and Decker: Price Relationship Crosses Threshold
By Market News Video Staff, Thursday, June 9, 10:41 AM ET
Here at CryptocurrenciesChannel.com, we find it interesting to track various ETF and stock prices versus various digital assets over time.
We noticed that as of 6/9/2022, Litecoin (NYSE:$LTC) can buy you the least amount of Stanley Black and Decker shares, in the past year. For example, if you had 1 Litecoin coin and wished to buy shares of SWK with the proceeds, you would only be able to buy 0.51 share of SWK. That's versus a high amount of 1.42 shares over the trailing twelve months. Here's how this relationship looks charted, over the past year:
The main driver of the above bar chart has, of course, been the performance of Stanley Black and Decker shares, relative to the performance of Litecoin; and here's how the two compare over the past year on a total return basis:
Be sure to follow us at CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!
This Article's Word Cloud:BlackCheckCryptoCryptocurrenciesChannelDeckerHereLitecoinNYSENoteStanleyThatableaboveadditionalamountassetassetsbasisbeencalculatechartchartedchartscoincomparecomparisonscoursedigitaldividendsdriverexamplefindfollowherehighhistoricalincludedinterestingleastlooksmainoverpastperformancesharesstockthatvariousversusyear
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