Lineage Cell Therapeutics Inc (AMEX: LCTX) on Tuesday, soared 4.32% from the previous trading day, before settling in for the closing price of $0.69. Within the past 52 weeks, LCTX’s price has moved between $0.48 and $1.61.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 148.63%. The company achieved an average annual earnings per share of 8.33%. With a float of $219.40 million, this company’s outstanding shares have now reached $220.42 million.
Considering the fact that the conglomerate employs 75 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 90.99%, operating margin of -260.7%, and the pretax margin is -229.91%.
Lineage Cell Therapeutics Inc (LCTX) Insider Activity
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Lineage Cell Therapeutics Inc is 0.46%, while institutional ownership is 52.86%. The most recent insider transaction that took place on Jan 27 ’25, was worth 6,000,000. In this transaction Director of this company bought 7,894,737 shares at a rate of $0.76, taking the stock ownership to the 49,560,992 shares. Before that another transaction happened on Nov 26 ’24, when Company’s Chief Financial Officer bought 15,000 for $0.59, making the entire transaction worth $8,850. This insider now owns 25,500 shares in total.
Lineage Cell Therapeutics Inc (LCTX) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 8.33% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.14% during the next five years compared to 19.25% growth over the previous five years of trading.
Lineage Cell Therapeutics Inc (AMEX: LCTX) Trading Performance Indicators
Lineage Cell Therapeutics Inc (LCTX) is currently performing well based on its current performance indicators. A quick ratio of 2.48 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 18.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.11, 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 Lineage Cell Therapeutics Inc (LCTX)
Compared to the last year’s volume of 2.03 million, its volume of 0.93 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 71.90%. Additionally, its Average True Range was 0.05.
During the past 100 days, Lineage Cell Therapeutics Inc’s (LCTX) raw stochastic average was set at 49.88%, which indicates a significant decrease from 87.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 83.76% in the past 14 days, which was lower than the 101.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.5898, while its 200-day Moving Average is $0.8367. Nevertheless, the first resistance level for the watch stands at $0.7473 in the near term. At $0.7696, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.7933. If the price goes on to break the first support level at $0.7013, it is likely to go to the next support level at $0.6776. Should the price break the second support level, the third support level stands at $0.6553.
Lineage Cell Therapeutics Inc (AMEX: LCTX) Key Stats
Market capitalization of the company is 159.78 million based on 220,416K outstanding shares. Right now, sales total 8,950 K and income totals -21,490 K. The company made 3,780 K in profit during its latest quarter, and -3,030 K in sales during its previous quarter.
