Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $3.22 in the prior trading day, Lithium Argentina AG (NYSE: LAR) closed at $3.29, up 2.17%. In other words, the price has increased by $2.17 from its previous closing price. On the day, 1.55 million shares were traded. LAR stock price reached its highest trading level at $3.31 during the session, while it also had its lowest trading level at $3.19.
Ratios:
Our goal is to gain a better understanding of LAR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.53. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.00.
On March 22, 2024, Scotiabank Upgraded its rating to Sector Outperform which previously was Sector Perform but kept the price unchanged to $8. Deutsche Bank Downgraded its Buy to Hold on January 11, 2024, whereas the target price for. The Stock was revised from $9 to $6.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LAR now has a Market Capitalization of 533967008 and an Enterprise Value of 750124032.
Stock Price History:
The Beta on a monthly basis for LAR is 1.22, which has changed by 0.32661295 over the last 52 weeks, in comparison to a change of 0.16298151 over the same period for the S&P500. Over the past 52 weeks, LAR has reached a high of $3.96, while it has fallen to a 52-week low of $1.71. The 50-Day Moving Average of. The Stock is 8.00%, while the 200-Day Moving Average is calculated to be 29.90%.
Shares Statistics:
. The Stock has traded on average 1.60M shares per day over the past 3-months and 1549950 shares per day over the last 10 days, according to various share statistics. A total of 162.36M shares are outstanding, with a floating share count of 118.04M. Insiders hold about 27.27% of the company’s shares, while institutions hold 17.07% stake in the company. Shares short for LAR as of 1756425600 were 8183422 with a Short Ratio of 5.13, compared to 1753920000 on 9380852. Therefore, it implies a Short% of Shares Outstanding of 8183422 and a Short% of Float of 5.3000003.
Earnings Estimates
As of right now, 3.0 analysts gave their recommendation on. The Stock of the company. The consensus estimate for the next quarter is $0.0, with high estimates of $0.04 and low estimates of -$0.04.
Analysts are recommending an EPS of between -$0.01 and -$0.15 for the fiscal current year, implying an average EPS of -$0.07. EPS for the following year is $0.1, with 7.0 analysts recommending between $0.38 and -$0.1.
