Lithium Americas (Argentina) Corp (NYSE: LAAC) is -45.41% lower on its value in year-to-date trading and has touched a low of $2.07 and a high of $7.10 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 $3.45 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $3.45, the stock is 5.02% and 21.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing 0.00% at the moment leaves the stock -14.30% off its SMA200. LAAC registered -48.43% loss for a year compared to 6-month loss of -31.00%. The firm has a 50-day simple moving average (SMA 50) of $2.831 and a 200-day simple moving average (SMA200) of $4.0259.
The stock witnessed a 32.18% gain in the last 1 month and extending the period to 3 months gives it a 11.29%, and is -5.99% 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 5.01% over the week and 6.40% over the month.
Lithium Americas (Argentina) Corp (LAAC) has around 147 employees, a market worth around $556.49M and $0.00M in sales. Current P/E ratio is 0.44 and Fwd P/E is 13.43. Distance from 52-week low is 66.67% and -51.41% from its 52-week high. The company has generated returns on investments over the last 12 months (123.21%).
with sales reaching $39M over the same period.The EPS is expected to shrink by -141.29% this year.
Lithium Americas (Argentina) Corp (LAAC) Top Institutional Holders
The shares outstanding are 160.68M, and float is at 136.32M with Short Float at 8.69%.
Lithium Americas (Argentina) Corp (LAAC) Insider Activity
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