Lithium Americas Corp (NewCo) (NYSE: LAC) is -5.05% lower on its value in year-to-date trading and has touched a low of $2.02 and a high of $5.20 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 $2.90 in the last trading session, with the day’s loss setting it -0.08%.
Currently trading at $2.82, the stock is 4.54% and 0.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.29 million and changing -2.76% at the moment leaves the stock -5.69% off its SMA200. LAC registered -37.19% loss for a year compared to 6-month loss of -11.32%. The firm has a 50-day simple moving average (SMA 50) of $2.8154 and a 200-day simple moving average (SMA200) of $2.99005.
The stock witnessed a -1.74% gain in the last 1 month and extending the period to 3 months gives it a -8.14%, and is 5.22% 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 5.53% over the week and 7.41% over the month.
Lithium Americas Corp (NewCo) (LAC) has around 79 employees, a market worth around $616.71M and $0.00M in sales. Distance from 52-week low is 39.60% and -45.77% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.98%).
The EPS is expected to grow by 2.34% this year.
Lithium Americas Corp (NewCo) (LAC) Top Institutional Holders
280.0 institutions hold shares in Lithium Americas Corp (NewCo) (LAC), with institutional investors hold 20.41% of the company’s shares. The shares outstanding are 218.47M, and float is at 184.47M with Short Float at 18.33%. Institutions hold 17.41% of the Float.
The top institutional shareholder in the company is GENERAL MOTORS HOLDINGS LLC with over 15.0 million shares valued at $40.21 million. The investor’s holdings represent 7.3373% of the LAC Shares outstanding. As of 2024-06-30, the second largest holder is GENERAL MOTORS HOLDINGS LLC with 15.0 million shares valued at $48.01 million to account for 7.0466 of the shares outstanding. The other top investors are VAN ECK ASSOCIATES CORP which holds 3.95 million shares representing 1.9334% and valued at over $10.59 million, while MARSHALL WACE, LLP holds 1.8709 of the shares totaling 3.83 million with a market value of $10.25 million.
Lithium Americas Corp (NewCo) (LAC) Insider Activity
The most recent transaction is an insider sale by GRANDY EDWARD, the company’s Sr VP, GC & Secretary. SEC filings show that GRANDY EDWARD sold 23 shares of the company’s common stock on Apr 17 ’25 at a price of $2.68 per share for a total of $62.0. Following the sale, the insider now owns 0.15 million shares.
Lithium Americas Corp (NewCo) disclosed in a document filed with the SEC on Apr 03 ’25 that BROWN MICHAEL JOHN (Director) bought a total of 1,000 shares of the company’s common stock. The trade occurred on Apr 03 ’25 and was made at $2.71 per share for $2710.0. Following the transaction, the insider now directly holds 5101.0 shares of the LAC stock.
