Lazard Inc (LAZ) is 6.05% away from 50-day simple Moving Average despite all headwinds

As on Thursday, Lazard Inc (NYSE: LAZ) got off with the flyer as it spiked 4.54% to $52.99, before settling in for the price of $50.69 at the close. Taking a more long-term approach, LAZ posted a 52-week range of $25.82-$54.72.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

It was noted that the giant of the Financial sector posted annual sales growth of -1.55% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 213.38%. This publicly-traded company’s shares outstanding now amounts to $87.43 million, simultaneously with a float of $84.62 million. The organization now has a market capitalization sitting at $4.78 billion. At the time of writing, stock’s 50-day Moving Average stood at $49.97, while the 200-day Moving Average is $42.81.

Lazard Inc (LAZ) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Capital Markets industry. Lazard Inc’s current insider ownership accounts for 3.20%, in contrast to 88.14% institutional ownership. According to the most recent insider trade that took place on Sep 03 ’24, this organization’s Executive Chairman sold 87,770 shares at the rate of 48.08, making the entire transaction reach 4,219,784 in total value, affecting insider ownership by 1,553,225. Preceding that transaction, on Sep 03 ’24, Company’s Executive Chairman sold 71,731 for 48.08, making the whole transaction’s value amount to 3,449,111. This particular insider is now the holder of 204,279 in total.

Lazard Inc (LAZ) Earnings and Revenue Records

Lazard Inc’s EPS increase for this current 12-month fiscal period is 213.38% and is forecasted to reach 3.97 in the upcoming year.

Lazard Inc (NYSE: LAZ) Trading Performance Indicators

Let’s observe the current performance indicators for Lazard Inc (LAZ). The Stock has managed to achieve an average true range (ATR) of 1.50. Alongside those numbers, its PE Ratio stands at $34.05, and its Beta score is 1.37. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.68. Similarly, its price to free cash flow for trailing twelve months is now 20.84.

In the same vein, LAZ’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 1.56, a figure that is expected to reach 0.84 in the next quarter, and analysts are predicting that it will be 3.97 at the market close of one year from today.

Technical Analysis of Lazard Inc (LAZ)

Through scrutinizing the latest numbers posted by the [Lazard Inc, LAZ], it can be observed that its last 5-days Average volume of 0.83 million was lower the volume of 0.94 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 30.43% While, its Average True Range was 1.56.

Raw Stochastic average of Lazard Inc (LAZ) in the period of the previous 100 days is set at 90.95%, which indicates a major rise in contrast to 60.52% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 28.06% that was lower than 37.10% volatility it exhibited in the past 100-days period.