Lithium Americas (Argentina) Corp (NYSE: LAAC) is -54.27% lower on its value in year-to-date trading and has touched a low of $2.07 and a high of $8.14 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 LAAC stock was last observed hovering at around $2.87 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $2.89, the stock is 15.21% and 8.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.41 million and changing 0.70% at the moment leaves the stock -32.38% off its SMA200. LAAC registered -59.71% loss for a year compared to 6-month loss of -41.02%. The firm has a 50-day simple moving average (SMA 50) of $2.6602 and a 200-day simple moving average (SMA200) of $4.26095.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 3.58% gain in the last 1 month and extending the period to 3 months gives it a -12.69%, and is 14.68% up 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 5.88% over the week and 6.24% over the month.
Lithium Americas (Argentina) Corp (LAAC) has around 147 employees, a market worth around $466.16M and $0.00M in sales. Current P/E ratio is 0.37 and Fwd P/E is 10.64. Distance from 52-week low is 39.61% and -64.50% from its 52-week high. The company has generated returns on investments over the last 12 months (123.21%).
The EPS is expected to shrink by -129.06% this year
The shares outstanding are 160.68M, and float is at 136.37M with Short Float at 8.92%.
