Lithium Argentina AG (NYSE: LAR) is -1.01% 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 $3.23 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $2.95, the stock is 13.94% and 34.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.28 million and changing -8.67% at the moment leaves the stock 14.23% off its SMA200. LAR registered 12.60% gain for a year compared to 6-month loss of 7.66%. The firm has a 50-day simple moving average (SMA 50) of $2.1946 and a 200-day simple moving average (SMA200) of $2.58255.
The stock witnessed a 38.50% gain in the last 1 month and extending the period to 3 months gives it a 39.15%, and is 5.36% 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 6.90% over the week and 6.59% over the month.
Fwd P/E is 26.27. Distance from 52-week low is 72.51% and -25.51% 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 38.75% this year.
Lithium Argentina AG (LAR) Top Institutional Holders
206.0 institutions hold shares in Lithium Argentina AG (LAR), with institutional investors hold 26.56% of the company’s shares. The shares outstanding are 161.97M, and float is at 118.05M with Short Float at 8.15%. Institutions hold 20.19% of the Float.
