Life Time Group Holdings Inc. (LTH) volume exceeds 0.54 million: A new investment opportunity for investors

A new trading day began on January 24, 2023, with Life Time Group Holdings Inc. (NYSE: LTH) stock priced at $17.68, down -1.45% from the previous day of trading. During the day, the shares moved up to $18.50 and dropped to $17.67 before settling in for the closing price of $17.96. LTH’s price has ranged from $8.75 to $18.07 over the past 52 weeks.

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Meanwhile, its annual earnings per share averaged -55.90%. With a float of $166.25 million, this company’s outstanding shares have now reached $193.92 million.

The firm has a total of 7800 workers. Let’s measure their productivity. In terms of profitability, gross margin is +15.39, operating margin of -37.11, and the pretax margin is -54.60.

Life Time Group Holdings Inc. (LTH) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Leisure Industry. The insider ownership of Life Time Group Holdings Inc. is 3.00%, while institutional ownership is 85.70%. The most recent insider transaction that took place on Dec 21, was worth 569. In this transaction member of a group that is 10% of this company sold 46 shares at a rate of $12.36, taking the stock ownership to the 5,203,454 shares. Before that another transaction happened on Nov 30, when Company’s member of a group that is 10% sold 3 for $12.83, making the entire transaction worth $38. This insider now owns 5,203,500 shares in total.

Life Time Group Holdings Inc. (LTH) Recent Fiscal highlights

In its latest quarterly report, released on 6/29/2022, the company reported earnings of -$0.01 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -43.96 while generating a return on equity of -32.30. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -55.90% per share during the next fiscal year.

Life Time Group Holdings Inc. (NYSE: LTH) Trading Performance Indicators

Here are Life Time Group Holdings Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.97.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.60, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.29 in one year’s time.

Technical Analysis of Life Time Group Holdings Inc. (LTH)

Analysing the last 5-days average volume posted by the [Life Time Group Holdings Inc., LTH], we can find that recorded value of 0.48 million was lower than the volume posted last year of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 87.87%. Additionally, its Average True Range was 0.74.

During the past 100 days, Life Time Group Holdings Inc.’s (LTH) raw stochastic average was set at 91.79%, which indicates a significant increase from 88.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.69% in the past 14 days, which was lower than the 57.97% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.49, while its 200-day Moving Average is $13.14. Now, the first resistance to watch is $18.24. This is followed by the second major resistance level at $18.79. The third major resistance level sits at $19.07. If the price goes on to break the first support level at $17.41, it is likely to go to the next support level at $17.13. Now, if the price goes above the second support level, the third support stands at $16.58.

Life Time Group Holdings Inc. (NYSE: LTH) Key Stats

With a market capitalization of 3.38 billion, the company has a total of 194,189K Shares Outstanding. Currently, annual sales are 1,318 M while annual income is -579,370 K. The company’s previous quarter sales were 496,380 K while its latest quarter income was 24,730 K.

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