On Tuesday, Lithium Americas (Argentina) Corp (NYSE: LAAC) was unchanged from the session before settling in for the closing price of $3.32. 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 -206.89%. With a float of $135.82 million, this company’s outstanding shares have now reached $161.92 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 and Institutional Ownership
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 16.11%, while institutional ownership is 19.49%.
Lithium Americas (Argentina) Corp (LAAC) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.02 earnings per share (EPS) during the time that was less than consensus figure (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 -206.89% 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 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 0.07 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 0.97 million. That was inferior than the volume of 1.49 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 63.17%. Additionally, its Average True Range was 0.19.
During the past 100 days, Lithium Americas (Argentina) Corp’s (LAAC) raw stochastic average was set at 66.14%, which indicates a significant increase from 62.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.89% in the past 14 days, which was lower than the 73.02% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.36, while its 200-day Moving Average is $3.81. However, in the short run, Lithium Americas (Argentina) Corp’s stock first resistance to watch stands at $3.38. Second resistance stands at $3.45. The third major resistance level sits at $3.50. If the price goes on to break the first support level at $3.26, it is likely to go to the next support level at $3.21. The third support level lies at $3.14 if the price breaches the second support level.
Lithium Americas (Argentina) Corp (NYSE: LAAC) Key Stats
There are 161,929K outstanding shares of the company, which has a market capitalization of 537.51 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 -2,410 K.
