Lithium Americas (Argentina) Corp (NYSE:LAAC) concluded the trading at $5.13 on Thursday, May 02, with a rise of 1.18% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $5.07 and 5Y monthly beta was reading 1.69. Considering stock’s 52-week price range provides that LAAC hit a high price of $9.39 and saw its price falling to a low level of $3.84 during that period. Over a period of past 1-month, stock came subtracting -9.36% in its value.
With its current market valuation of $824.90 million, Lithium Americas (Argentina) Corp is set to declare its quarterly results on May 13, 2024 – May 17, 2024. Analysts are in estimates of 0.04 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0.31 for current year with estimates of that growing to 0.78 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 18.5M. They suggested that in the process company could generate revenue of as low as 18.5M which could climb up to 18.5M to hit a high.
Digging deeper we become aware of the PEG ratio of the LAAC stock which is currently positioned at 0. It further provides that stock’s current price level is -0.65% away from its 20-day simple moving average and is 2.24% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 50.48 while volatility remained at 4.71% over the past week which changes to 5.13% when measuring it over the past month. Beta is valued at 1.41, while measure of average true range or ATR is currently at 0.27.
Having a second look at Lithium Americas (Argentina) Corp (NYSE:LAAC) provides that stock’s average daily trading volume for 3 months was 1.69 million. Number of outstanding shares of the stock stood at 160.68 million.
The percentage of outstanding shares held by the insiders is 24.64% while it is 20.61% for the institutional holders. Subtraction of -18.83% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
