Lineage Cell Therapeutics Inc (AMEX: LCTX) on Monday, plunged -3.02% from the previous trading day, before settling in for the closing price of $0.96. Within the past 52 weeks, LCTX’s price has moved between $0.37 and $1.15.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -2.93%. The company achieved an average annual earnings per share of -9.73%. With a float of $227.36 million, this company’s outstanding shares have now reached $228.36 million.
The extent of productivity of a business whose workforce counts for 77 workers is very important to gauge. In terms of profitability, gross margin is 97.15%, operating margin of -223.1%, and the pretax margin is -169.12%.
Lineage Cell Therapeutics Inc (LCTX) Insider Updates
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Lineage Cell Therapeutics Inc is 0.44%, while institutional ownership is 48.65%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -9.73% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.01% during the next five years compared to -2.93% drop 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 3.82 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 22.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.08, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.05 in one year’s time.
Technical Analysis of Lineage Cell Therapeutics Inc (LCTX)
The latest stats from [Lineage Cell Therapeutics Inc, LCTX] show that its last 5-days average volume of 8.48 million was superior to 1.95 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 60.95%.
During the past 100 days, Lineage Cell Therapeutics Inc’s (LCTX) raw stochastic average was set at 72.63%, which indicates a significant increase from 55.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 100.76% in the past 14 days, which was higher than the 85.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.6244, while its 200-day Moving Average is $0.6580. Now, the first resistance to watch is $1.0462. This is followed by the second major resistance level at $1.1573. The third major resistance level sits at $1.2245. If the price goes on to break the first support level at $0.8679, it is likely to go to the next support level at $0.8007. Assuming the price breaks the second support level, the third support level stands at $0.6896.
Lineage Cell Therapeutics Inc (AMEX: LCTX) Key Stats
Market capitalization of the company is 213.56 million based on 228,356K outstanding shares. Right now, sales total 9,500 K and income totals -18,610 K. The company made 1,500 K in profit during its latest quarter, and -4,140 K in sales during its previous quarter.
