Lithium Americas Corp (NewCo) (NYSE: LAC) is -65.94% lower on its value in year-to-date trading and has touched a low of $2.02 and a high of $12.38 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LAC stock was last observed hovering at around $2.24 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $2.18, the stock is -11.53% and -15.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.92 million and changing -2.68% at the moment leaves the stock -51.71% off its SMA200. LAC registered a loss of -59.02% in past 6-months.
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The stock witnessed a -4.39% gain in the last 1 month and extending the period to 3 months gives it a -28.29%, and is -11.02% 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 5.94% over the week and 6.87% over the month.
Distance from 52-week low is 7.92% and -82.39% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.18%).
The EPS is expected to shrink by -406.91% this year.
Lithium Americas Corp (NewCo) (LAC) Top Institutional Holders
The shares outstanding are 218.00M, and float is at 186.33M with Short Float at 12.18%.
The top institutional shareholder in the company is GENERAL MOTORS HOLDINGS LLC with over 15.0 million shares valued at $48.01 million. The investor’s holdings represent 7.0466% of the LAC Shares outstanding. As of 2024-06-30, the second largest holder is VIRTUE CAPITAL MANAGEMENT, LLC with 25000.0 shares valued at $69748.0 to account for 0.0117 of the shares outstanding.
Lithium Americas Corp (NewCo) (LAC) Insider Activity
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