Lithium Americas Corp (NewCo) (NYSE: LAC) is -37.97% lower on its value in year-to-date trading and has touched a low of $2.02 and a high of $7.71 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 LAC stock was last observed hovering at around $3.88 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $3.97, the stock is -1.28% and 21.35% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.8 million and changing 2.32% at the moment leaves the stock 4.52% off its SMA200. LAC registered -43.20% loss for a year compared to 6-month loss of 1.53%. The firm has a 50-day simple moving average (SMA 50) of $3.2714 and a 200-day simple moving average (SMA200) of $3.79845.
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 16.42% gain in the last 1 month and extending the period to 3 months gives it a 43.84%, and is 6.72% 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 6.11% over the week and 9.61% over the month.
Distance from 52-week low is 96.53% and -48.51% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.20%).
The EPS is expected to shrink by -414.56% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
Lithium Americas Corp (NewCo) (LAC) Top Institutional Holders
The shares outstanding are 218.00M, and float is at 186.45M with Short Float at 13.97%.
The top institutional shareholder in the company is GENERAL MOTORS HOLDINGS LLC with over 15.0 million shares valued at $48.01 million. The investor’s holdings represent 7.0466% of the LAC Shares outstanding. As of 2024-06-30, the second largest holder is VIRTUE CAPITAL MANAGEMENT, LLC with 25000.0 shares valued at $69748.0 to account for 0.0117 of the shares outstanding.
Lithium Americas Corp (NewCo) (LAC) Insider Activity
#####
