Lithium Americas Corp (NewCo) (NYSE: LAC) is 8.75% higher on its value in year-to-date trading and has touched a low of $3.81 and a high of $12.38 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LAC stock was last observed hovering at around $6.68 in the last trading session, with the day’s gains setting it 0.28%.
Currently trading at $6.96, the stock is 8.25% and 30.57% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.29 million and changing 4.19% at the moment leaves the stock 9.37% off its SMA200. LAC registered a loss of -39.43% in past 6-months. The firm has a 200-day simple moving average (SMA200) of -$284.04.
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The stock witnessed a 30.83% gain in the last 1 month and extending the period to 3 months gives it a 13.91%, and is -1.28% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.45% over the week and 8.98% over the month.
Distance from 52-week low is 82.68% and -43.78% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.94%).
Lithium Americas Corp (NewCo) quarterly earnings per share for the current quarter are estimated at -$0.06.The EPS is expected to shrink by -592.26% this year.
Lithium Americas Corp (NewCo) (LAC) Top Institutional Holders
249 institutions hold shares in Lithium Americas Corp (NewCo) (LAC), with institutional investors hold 25.34% of the company’s shares. The shares outstanding are 161.78M, and float is at 130.27M with Short Float at 13.31%. Institutions hold 25.24% of the Float.
