Lineage Inc (NASDAQ: LINE) is -15.72% lower on its value in year-to-date trading and has touched a low of $67.53 and a high of $89.85 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 LINE stock was last observed hovering at around $67.80 in the last trading session, with the day’s gains setting it 0.28%.
Currently trading at $68.08, the stock is -9.35% and -12.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.17 million and changing 0.41% at the moment leaves the stock -15.45% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $78.3258 and a 200-day simple moving average (SMA200) of $80.68642.
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The stock witnessed a -8.35% in the last 1 month and extending the period to 3 months gives it a -22.61%, and is -8.05% 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 4.25% over the week and 2.56% over the month.
Distance from 52-week low is 0.81% and -24.23% from its 52-week high.
The shares outstanding are 219.89M, and float is at 67.76M with Short Float at 4.95%.
Lineage Inc (LINE) Insider Activity
The most recent transaction is an insider purchase by Falotico Nancy Joy, the company’s Director. SEC filings show that Falotico Nancy Joy bought 1,300 shares of the company’s common stock on Jul 26 ’24 at a price of $78.00 per share for a total of $0.1 million. Following the purchase, the insider now owns 2452.0 shares.
Lineage Inc disclosed in a document filed with the SEC on Jul 26 ’24 that Wentworth Lynn A (Director) bought a total of 3,100 shares of the company’s common stock. The trade occurred on Jul 26 ’24 and was made at $78.00 per share for $0.24 million. Following the transaction, the insider now directly holds 4910.0 shares of the LINE stock.
Still, SEC filings show that on Jul 26 ’24, Crisci Robert (Chief Financial Officer) acquired 10,000 shares at an average price of $78.00 for $0.78 million. The insider now directly holds 10,000 shares of Lineage Inc (LINE).
