Lithium Americas (Argentina) Corp (NYSE: LAAC) kicked off on Monday, up 3.58% from the previous trading day, before settling in for the closing price of $3.35. Over the past 52 weeks, LAAC has traded in a range of $2.07-$6.69.
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While this was happening, its average annual earnings per share was recorded -190.20%. With a float of $135.87 million, this company’s outstanding shares have now reached $160.68 million.
In an organization with 147 employees, it is important to assess its efficiency. 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 Updates
Our next focus will be how large-scale investors are participating in this stock of the Other Industrial Metals & Mining Industry. The insider ownership of Lithium Americas (Argentina) Corp is 16.08%, while institutional ownership is 19.49%.
Lithium Americas (Argentina) Corp (LAAC) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.02 earnings per share (EPS), lower than consensus estimate (set at 0.01) by -0.02. 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 -190.20% per share during the next fiscal year.
Lithium Americas (Argentina) Corp (NYSE: LAAC) Trading Performance Indicators
Take a look at Lithium Americas (Argentina) Corp’s (LAAC) current performance indicators. Last quarter, stock had a quick ratio of 4.72.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.79, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach 0.10 in one year’s time.
Technical Analysis of Lithium Americas (Argentina) Corp (LAAC)
Let’s dig in a bit further. During the last 5-days, its volume was 1.1 million. That was inferior than the volume of 1.5 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 89.20%. Additionally, its Average True Range was 0.20.
During the past 100 days, Lithium Americas (Argentina) Corp’s (LAAC) raw stochastic average was set at 74.07%, which indicates a significant decrease from 97.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.00% in the past 14 days, which was lower than the 73.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.29, while its 200-day Moving Average is $3.83. However, in the short run, Lithium Americas (Argentina) Corp’s stock first resistance to watch stands at $3.56. Second resistance stands at $3.64. The third major resistance level sits at $3.81. If the price goes on to break the first support level at $3.31, it is likely to go to the next support level at $3.14. Assuming the price breaks the second support level, the third support level stands at $3.06.
Lithium Americas (Argentina) Corp (NYSE: LAAC) Key Stats
The company with the Market Capitalisation of 781.84 million has total of 161,929K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of 1,288 M annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -2,410 K.
