Landbridge Company LLC (LB) 20 Days SMA touches 13.51%: The odds favor the bear

Landbridge Company LLC (NYSE: LB) on Friday, soared 5.20% from the previous trading day, before settling in for the closing price of $80.32. Within the past 52 weeks, LB’s price has moved between $18.75 and $84.70.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 45.81%. The company achieved an average annual earnings per share of 93.92%. With a float of $23.06 million, this company’s outstanding shares have now reached $23.26 million.

In terms of profitability, gross margin is 61.43%, operating margin of -3.7%, and the pretax margin is -24.78%.

Landbridge Company LLC (LB) Insider Activity

Observing investor behavior towards Oil & Gas Equipment & Services industry stocks is more important than anything else. The insider ownership of Landbridge Company LLC is 0.86%, while institutional ownership is 103.48%. The most recent insider transaction that took place on Jul 01 ’24, was worth 49,725. In this transaction Director of this company bought 2,925 shares at a rate of $17.00, taking the stock ownership to the 2,925 shares. Before that another transaction happened on Jul 01 ’24, when Company’s Director bought 8,800 for $17.00, making the entire transaction worth $149,600. This insider now owns 8,800 shares in total.

Landbridge Company LLC (LB) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 93.92% per share during the next fiscal year.

Landbridge Company LLC (NYSE: LB) Trading Performance Indicators

Landbridge Company LLC (LB) is currently performing well based on its current performance indicators. A quick ratio of 3.70 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 47.89.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.16, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 2.19 in one year’s time.

Technical Analysis of Landbridge Company LLC (LB)

Compared to the last year’s volume of 0.6 million, its volume of 0.4 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 87.09%. Additionally, its Average True Range was 4.59.

During the past 100 days, Landbridge Company LLC’s (LB) raw stochastic average was set at 97.65%, which indicates a significant increase from 95.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.39% in the past 14 days, which was lower than the 80.96% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $72.11, while its 200-day Moving Average is $59.99. Nevertheless, the first resistance level for the watch stands at $86.04 in the near term. At $87.59, the stock is likely to face the second major resistance level. The third major resistance level sits at $89.95. If the price goes on to break the first support level at $82.13, it is likely to go to the next support level at $79.77. Should the price break the second support level, the third support level stands at $78.22.

Landbridge Company LLC (NYSE: LB) Key Stats

Market capitalization of the company is 6.46 billion based on 73,152K outstanding shares. Right now, sales total 109,950 K and income totals -41,770 K. The company made 43,950 K in profit during its latest quarter, and 6,460 K in sales during its previous quarter.

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