On Tuesday, Lithium Americas (Argentina) Corp (NYSE: LAAC) was 5.78% up from the session before settling in for the closing price of $3.46. A 52-week range for LAAC has been $2.07 – $6.69.
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When this article was written, the company’s average yearly earnings per share was at -144.27%. With a float of $136.32 million, this company’s outstanding shares have now reached $160.68 million.
The firm has a total of 147 workers. Let’s measure their productivity. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Lithium Americas (Argentina) Corp (LAAC) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Lithium Americas (Argentina) Corp stocks. The insider ownership of Lithium Americas (Argentina) Corp is 15.49%, while institutional ownership is 21.78%.
Lithium Americas (Argentina) Corp (LAAC) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.04 earnings per share (EPS) during the time that was better than consensus figure (set at 0.04) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -144.27% per share during the next fiscal year.
Lithium Americas (Argentina) Corp (NYSE: LAAC) Trading Performance Indicators
You can see what Lithium Americas (Argentina) Corp (LAAC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.03. Likewise, its price to free cash flow for the trailing twelve months is 33.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.85, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.24 in one year’s time.
Technical Analysis of Lithium Americas (Argentina) Corp (LAAC)
Analysing the last 5-days average volume posted by the [Lithium Americas (Argentina) Corp, LAAC], we can find that recorded value of 1.8 million was better than the volume posted last year of 1.51 million. As of the previous 9 days, the stock’s Stochastic %D was 54.56%. Additionally, its Average True Range was 0.21.
During the past 100 days, Lithium Americas (Argentina) Corp’s (LAAC) raw stochastic average was set at 62.85%, which indicates a significant decrease from 88.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 75.37% in the past 14 days, which was higher than the 72.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.88, while its 200-day Moving Average is $4.00. Now, the first resistance to watch is $3.76. This is followed by the second major resistance level at $3.85. The third major resistance level sits at $4.02. If the price goes on to break the first support level at $3.49, it is likely to go to the next support level at $3.32. Should the price break the second support level, the third support level stands at $3.22.
Lithium Americas (Argentina) Corp (NYSE: LAAC) Key Stats
There are 161,230K outstanding shares of the company, which has a market capitalization of 590.36 million. As of now, sales total 0 K while income totals 1,288 M. Its latest quarter income was 0 K while its last quarter net income were 2,180 K.
