Comstock Inc (AMEX:LODE) price closed lower on Friday, April 12, dropping -5.41% below its previous close.
A look at the daily price movement shows that the last close reads $0.34. The company’s 5Y monthly beta was ticking 2.00 while its P/E ratio in the trailing 12-month period read 4.79. Taking into account the 52-week price action we note that the stock hit a 52-week high of $0.99 and 52-week low of $0.31. The stock subtracted -18.98% on its value in the past month.
Comstock Inc, which has a market valuation of $38.87 million, is expected to release its quarterly earnings report May 01, 2024 – May 06, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give LODE a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that LODE’s price is at present -10.10% off the SMA20 and -21.62% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 37.43, with weekly volatility standing at 11.77%. The indicator jumps to 9.18% when calculated based on the past 30 days. Comstock Inc (AMEX:LODE)’s beta value is holding at 2.00, while the average true range (ATR) indicator is currently reading 0.03. An analysis of the Comstock Inc (AMEX:LODE) stock in terms of its daily trading volume indicates that the 3-month average is 562.43K.
Current records show that the company has 115.26M in outstanding shares. The insiders’ percentage holdings are 9.14% of outstanding shares while the percentage share held by institutions stands at 7.63%. But the -41.33% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
