Lionsgate Studios Corp (NYSE: LION) is -10.02% lower on its value in year-to-date trading and has touched a low of $6.04 and a high of $10.81 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 LION stock was last observed hovering at around $7.02 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $6.91, the stock is -1.86% and -5.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.69 million and changing -1.57% at the moment leaves the stock -5.41% off its SMA200. LION registered -38.61% loss for a year compared to 6-month loss of 1.02%.
The stock witnessed a 9.77% gain in the last 1 month and extending the period to 3 months gives it a -20.01%, and is -15.21% 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 6.21% over the week and 5.90% over the month.
Profit margin for the company is -7.56%. Distance from 52-week low is 14.36% and -36.09% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.55%).
The shares outstanding are 285.71M, and float is at 267.97M with Short Float at 2.03%.
The top institutional shareholder in the company is FMR LLC with over 5.4 million shares valued at $43.56 million. The investor’s holdings represent 1.9842 of the LION Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL RESEARCH GLOBAL INVESTORS with 4.15 million shares valued at $33.48 million to account for 1.5248 of the shares outstanding. The other top investors are MILLENNIUM MANAGEMENT LLC which holds 2.59 million shares representing 0.9519 and valued at over $20.9 million, while POINT72 ASSET MANAGEMENT, L.P. holds 0.6119 of the shares totaling 1.67 million with a market value of $13.43 million.
