Lithium Americas (Argentina) Corp (NYSE: LAAC) is -47.15% lower on its value in year-to-date trading and has touched a low of $2.07 and a high of $6.69 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 $3.52 in the last trading session, with the day’s loss setting it -0.18%.
Currently trading at $3.34, the stock is -5.68% and 8.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.98 million and changing -5.11% at the moment leaves the stock -14.48% off its SMA200. LAAC registered -42.51% loss for a year compared to 6-month loss of -36.74%. The firm has a 50-day simple moving average (SMA 50) of $3.0672 and a 200-day simple moving average (SMA200) of $3.91195.
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The stock witnessed a 0.00% gain in the last 1 month and extending the period to 3 months gives it a 33.60%, and is -6.96% 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 6.06% over the week and 6.35% over the month.
Lithium Americas (Argentina) Corp (LAAC) has around 147 employees, a market worth around $745.36M and $0.00M in sales. Current P/E ratio is 0.43 and Fwd P/E is 22.32. Distance from 52-week low is 61.35% and -50.07% from its 52-week high. The company has generated returns on investments over the last 12 months (120.90%).
The EPS is expected to shrink by -176.50% this year
The shares outstanding are 160.68M, and float is at 136.26M with Short Float at 8.95%.
