Landbridge Company LLC (NYSE: LB) is -4.78% lower on its value in year-to-date trading and has touched a low of $18.75 and a high of $84.70 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 LB stock was last observed hovering at around $65.50 in the last trading session, with the day’s loss setting it -3.99%.
Currently trading at $61.51, the stock is -8.95% and -10.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.26 million and changing -6.09% at the moment leaves the stock 17.38% off its SMA200. LB registered a gain of 79.38% in past 6-months.
The stock witnessed a -5.53% loss in the last 1 month and extending the period to 3 months gives it a -15.52%, and is -5.21% 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 8.90% over the week and 7.25% over the month.
Fwd P/E is 29.78. Profit margin for the company is -38.07%. Distance from 52-week low is 228.05% and -27.38% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.12%).
The EPS is expected to grow by 199.07% this year
The shares outstanding are 17.43M, and float is at 16.93M with Short Float at 21.95%.
Landbridge Company LLC (LB) Insider Activity
The most recent transaction is an insider purchase by Chase Valerie, the company’s Director. SEC filings show that Chase Valerie bought 2,925 shares of the company’s common stock on Jul 01 ’24 at a price of $17.00 per share for a total of $49725.0. Following the purchase, the insider now owns 2925.0 shares.
Landbridge Company LLC disclosed in a document filed with the SEC on Jul 01 ’24 that Daul Ty P. (Director) bought a total of 8,800 shares of the company’s common stock. The trade occurred on Jul 01 ’24 and was made at $17.00 per share for $0.15 million. Following the transaction, the insider now directly holds 8800.0 shares of the LB stock.
Still, SEC filings show that on Jul 01 ’24, WATSON CHARLES L. (Director) acquired 117,600 shares at an average price of $17.00 for $2.0 million. The insider now directly holds 117,600 shares of Landbridge Company LLC (LB).
