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.
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%.
