Lithium Americas (Argentina) Corp (NYSE: LAAC) is -51.27% 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 $3.15 in the last trading session, with the day’s loss setting it -0.07%.
Currently trading at $3.08, the stock is -4.15% and -8.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing -2.22% at the moment leaves the stock -18.12% off its SMA200. LAAC registered -45.77% loss for a year compared to 6-month loss of -18.73%. The firm has a 50-day simple moving average (SMA 50) of $3.3612 and a 200-day simple moving average (SMA200) of $3.76165.
The stock witnessed a -4.35% gain in the last 1 month and extending the period to 3 months gives it a 21.74%, and is -0.96% 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 6.12% over the week and 5.53% over the month.
Lithium Americas (Argentina) Corp (LAAC) has around 147 employees, a market worth around $498.74M and $0.00M in sales. Current P/E ratio is 0.40 and Fwd P/E is 44.16. Distance from 52-week low is 48.79% and -53.96% 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, 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 (Argentina) Corp (LAAC) Top Institutional Holders
The shares outstanding are 161.92M, and float is at 135.94M with Short Float at 8.45%.
Lithium Americas (Argentina) Corp (LAAC) Insider Activity
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