Litecoin vs. L3Harris Technologies: Price Relationship Crosses Threshold

HHere at, we find it interesting to track various ETF and stock prices against various digital assets over time.

We noticed that as of 05/29/2022, Litecoin ($LTC) can buy you the less quantity of L3Harris Technologies shares, over the past year. For example, if you had 1 Litecoin coin and wanted to buy shares of LHX (ticker: LHX) with the proceeds, you could only buy 0.26 shares of LHX. This is against a high of 1.27 shares over the past twelve months. Here’s what that relationship looks like over the past year:

The main driver of the bar chart above has of course been the performance of L3Harris Technologies shares, versus the performance of Litecoin; and here’s how the two compare over the past year based on total return:

LHX Returns Vs. Litecoin

See our Litecoin historical price chart and L3Harris Technologies vs Crypto pages for additional charts. Note that all stock splits and/or dividends are included in the calculation of LHX returns.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Eleanor C. William