Lithium Argentina AG (NYSE: LAR) is -20.85% 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 $2.35 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $2.43, the stock is 14.38% and 20.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.41 million and changing 3.40% at the moment leaves the stock -6.50% off its SMA200. LAR registered -7.25% loss for a year compared to 6-month loss of -21.61%. The firm has a 50-day simple moving average (SMA 50) of $2.0198 and a 200-day simple moving average (SMA200) of $2.599.
The stock witnessed a 22.73% gain in the last 1 month and extending the period to 3 months gives it a 38.07%, and is 3.85% 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 6.62% over the week and 5.87% over the month.
Fwd P/E is 11.75. Distance from 52-week low is 42.11% and -38.64% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.48%).
The EPS is expected to shrink by -1.07% this year
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 118.09M with Short Float at 8.74%. Institutions hold 20.59% of the Float.
