Lithium Argentina AG (NYSE: LAR) is -21.60% lower on its value in year-to-date trading and has touched a low of $1.71 and a high of $3.96 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 $2.56 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $2.54, the stock is 14.11% and 23.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.35 million and changing -0.78% at the moment leaves the stock -2.14% off its SMA200. LAR registered -3.05% loss for a year compared to 6-month loss of -11.19%. The firm has a 50-day simple moving average (SMA 50) of $2.0378 and a 200-day simple moving average (SMA200) of $2.59895.
The stock witnessed a 26.37% gain in the last 1 month and extending the period to 3 months gives it a 19.25%, and is 8.09% 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 6.59% over the week and 6.19% over the month.
Fwd P/E is 18.43. Distance from 52-week low is 48.54% and -35.86% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.48%).
The EPS is expected to grow by 24.67% 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.
218.0 institutions hold shares in Lithium Argentina AG (LAR), with institutional investors hold 27.10% of the company’s shares. The shares outstanding are 161.97M, and float is at 118.05M with Short Float at 8.91%. Institutions hold 20.59% of the Float.
