Lithium Argentina AG (NYSE: LAR) is -12.21% lower on its value in year-to-date trading and has touched a low of $1.96 and a high of $5.73 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 LAR stock was last observed hovering at around $2.27 in the last trading session, with the day’s gains setting it 0.03%.
Currently trading at $2.30, the stock is 1.41% and -6.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing 1.32% at the moment leaves the stock -21.19% off its SMA200. LAR registered -53.91% loss for a year compared to 6-month loss of -19.86%. The firm has a 50-day simple moving average (SMA 50) of $2.4722 and a 200-day simple moving average (SMA200) of $2.9184.
The stock witnessed a -0.86% gain in the last 1 month and extending the period to 3 months gives it a -14.50%, and is -6.12% 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 4.45% over the week and 6.11% over the month.
Lithium Argentina AG (LAR) has around 147 employees, a market worth around $372.37M and $0.00M in sales. Fwd P/E is 7.74. Distance from 52-week low is 17.35% and -59.86% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.84%).
The EPS is expected to grow by 99.99% 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.
257.0 institutions hold shares in Lithium Argentina AG (LAR), with institutional investors hold 27.42% of the company’s shares. The shares outstanding are 161.93M, and float is at 133.23M with Short Float at 7.40%. Institutions hold 23.42% of the Float.
