Lithium Americas (Argentina) Corp (NYSE: LAAC) is -49.53% 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 $3.11 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $3.19, the stock is -1.85% and -5.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.32 million and changing 2.57% at the moment leaves the stock -16.00% off its SMA200. LAAC registered -38.30% loss for a year compared to 6-month loss of -23.50%. The firm has a 50-day simple moving average (SMA 50) of $3.3668 and a 200-day simple moving average (SMA200) of $3.80195.
The stock witnessed a -9.38% gain in the last 1 month and extending the period to 3 months gives it a 38.10%, and is -3.33% 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 5.75% over the week and 5.82% over the month.
Lithium Americas (Argentina) Corp (LAAC) has around 147 employees, a market worth around $516.46M and $0.00M in sales. Current P/E ratio is 0.41 and Fwd P/E is 45.73. Distance from 52-week low is 54.11% and -52.32% 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 -206.89% this year
The shares outstanding are 161.92M, and float is at 135.82M with Short Float at 8.13%.
