Lightbridge Corp (NASDAQ: LTBR) is 52.43% 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 $6.16 in the last trading session, with the day’s gains setting it 1.05%.
Currently trading at $7.21, the stock is 18.19% and 22.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.73 million and changing 16.95% at the moment leaves the stock 75.62% off its SMA200. LTBR registered 132.58% gain for a year compared to 6-month gain of 133.33%. The firm has a 50-day simple moving average (SMA 50) of $5.8814 and a 200-day simple moving average (SMA200) of $4.1056.
The stock witnessed a 40.82% loss in the last 1 month and extending the period to 3 months gives it a 21.59%, and is 17.62% 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 30.77% over the week and 17.39% over the month.
Lightbridge Corp (LTBR) has around 6 employees, a market worth around $113.68M and $0.00M in sales. Distance from 52-week low is 226.24% and -49.23% 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
38.0 institutions hold shares in Lightbridge Corp (LTBR), with institutional investors hold 10.76% of the company’s shares. The shares outstanding are 15.28M, and float is at 14.75M with Short Float at 10.35%. Institutions hold 9.26% 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 MUSHAKOV ANDREY, the company’s EVP, Nuclear Operations. SEC filings show that MUSHAKOV ANDREY sold 45,070 shares of the company’s common stock on Jan 23 ’25 at a price of $8.97 per share for a total of $0.4 million. Following the sale, the insider now owns 0.19 million shares.
Lightbridge Corp disclosed in a document filed with the SEC on Jan 23 ’25 that GOLDMAN LARRY (CFO) sold a total of 15,253 shares of the company’s common stock. The trade occurred on Jan 23 ’25 and was made at $10.07 per share for $0.15 million. Following the transaction, the insider now directly holds 0.17 million shares of the LTBR stock.
Still, SEC filings show that on Jan 22 ’25, GOLDMAN LARRY (CFO) disposed off 20,863 shares at an average price of $7.00 for $0.15 million. The insider now directly holds 184,456 shares of Lightbridge Corp (LTBR).
