Comstock Inc (AMEX: LODE) on Friday, soared 2.97% from the previous trading day, before settling in for the closing price of $2.36. Within the past 52 weeks, LODE’s price has moved between $1.67 and $10.10.
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A company in the Basic Materials sector has dropped its sales by -10.41% annually for the last half of the decade. The company achieved an average annual earnings per share of 73.83%. With a float of $46.76 million, this company’s outstanding shares have now reached $49.26 million.
Comstock Inc (LODE) Insider and Institutional Ownership
Observing investor behavior towards Other Precious Metals & Mining industry stocks is more important than anything else. The insider ownership of Comstock Inc is 5.08%, while institutional ownership is 6.87%.
Comstock Inc (LODE) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.31 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.3) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
Comstock Inc (AMEX: LODE) Trading Performance Indicators
Comstock Inc (LODE) is currently performing well based on its current performance indicators. A quick ratio of 1.50 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 36.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.41, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach 0.09 in one year’s time.
Technical Analysis of Comstock Inc (LODE)
Let’s dig in a bit further. During the last 5-days, its volume was 1.0 million. That was better than the volume of 0.6 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 38.64%.
During the past 100 days, Comstock Inc’s (LODE) raw stochastic average was set at 24.17%, which indicates a significant increase from 21.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.17 in the past 14 days, which was lower than the 0.20 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.24, while its 200-day Moving Average is $3.27. However, in the short run, Comstock Inc’s stock first resistance to watch stands at $2.49. Second resistance stands at $2.54. The third major resistance level sits at $2.65. If the price goes on to break the first support level at $2.32, it is likely to go to the next support level at $2.21. The third support level lies at $2.16 if the price breaches the second support level.
Comstock Inc (AMEX: LODE) Key Stats
Market capitalization of the company is 119.71 million based on 35,931K outstanding shares. Right now, sales total 3,020 K and income totals -53,320 K. The company made 340 K in profit during its latest quarter, and -7,830 K in sales during its previous quarter.
