Lithium Americas Corp (NewCo) (NYSE: LAC) is -15.15% 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 $2.65 in the last trading session, with the day’s loss setting it -0.13%.
Currently trading at $2.52, the stock is -14.10% and -17.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.16 million and changing -4.91% at the moment leaves the stock -17.97% off its SMA200. LAC registered -47.06% loss for a year compared to 6-month gain of -0.79%.
The stock witnessed a -16.56% loss in the last 1 month and extending the period to 3 months gives it a -35.38%, and is -12.20% 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 5.68% over the week and 4.94% over the month.
Distance from 52-week low is 24.75% and -67.32% from its 52-week high.
The EPS is expected to shrink by -528.48% 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 218.29M, and float is at 184.55M with Short Float at 15.84%.
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
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