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Is Lightbridge Corp (LTBR) a good stock to buy now?

Lightbridge Corp (NASDAQ: LTBR) is 20.30% higher on its value in year-to-date trading and has touched a low of $2.21 and a high of $14.20 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LTBR stock was last observed hovering at around $5.48 in the last trading session, with the day’s gains setting it 0.21%.

Currently trading at $5.69, the stock is 7.23% and -5.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.92 million and changing 3.83% at the moment leaves the stock 43.49% off its SMA200. LTBR registered 73.48% gain for a year compared to 6-month gain of 70.87%. The firm has a 50-day simple moving average (SMA 50) of $6.0276 and a 200-day simple moving average (SMA200) of $3.96555.

The stock witnessed a 22.10% loss in the last 1 month and extending the period to 3 months gives it a 16.84%, and is -4.85% 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 9.86% over the week and 13.12% over the month.

Lightbridge Corp (LTBR) has around 6 employees, a market worth around $89.71M and $0.00M in sales. Distance from 52-week low is 157.47% and -59.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-38.62%).

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Lightbridge Corp (LTBR) Top Institutional Holders

39.0 institutions hold shares in Lightbridge Corp (LTBR), with institutional investors hold 10.91% of the company’s shares. The shares outstanding are 15.28M, and float is at 14.75M with Short Float at 9.89%. Institutions hold 9.34% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.55 million shares valued at $1.86 million. The investor’s holdings represent 4.0893% of the LTBR Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 0.17 million shares valued at $0.56 million to account for 1.2418 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 65948.0 shares representing 0.4888% and valued at over $0.22 million, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 0.3519 of the shares totaling 47480.0 with a market value of $0.16 million.

Lightbridge Corp (LTBR) Insider Activity

The most recent transaction is an insider sale by GOLDMAN LARRY, the company’s CFO. SEC filings show that GOLDMAN LARRY sold 3,707 shares of the company’s common stock on Jan 06 ’25 at a price of $7.03 per share for a total of $26075.0. Following the sale, the insider now owns 0.2 million shares.

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