In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Lithium Argentina AG (NYSE: LAR) closed at $4.84 down -4.54% from its previous closing price of $5.07. In other words, the price has decreased by -$4.54 from its previous closing price. On the day, 7.01 million shares were traded. LAR stock price reached its highest trading level at $5.18 during the session, while it also had its lowest trading level at $4.7825.
Ratios:
For a deeper understanding of Lithium Argentina AG’s stock, let’s take a closer look at its various 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 786226816 and an Enterprise Value of 1001689024.
Stock Price History:
The Beta on a monthly basis for LAR is 1.14, which has changed by 0.45783138 over the last 52 weeks, in comparison to a change of 0.16845357 over the same period for the S&P500. Over the past 52 weeks, LAR has reached a high of $5.34, while it has fallen to a 52-week low of $1.71. The 50-Day Moving Average of the stock is 45.15%, while the 200-Day Moving Average is calculated to be 87.59%.
Shares Statistics:
For the past three months, LAR has traded an average of 2.31M shares per day and 5585500 over the past ten days. 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 17.05% stake in the company. Shares short for LAR as of 1757894400 were 8496470 with a Short Ratio of 3.68, compared to 1755216000 on 8201942. Therefore, it implies a Short% of Shares Outstanding of 8496470 and a Short% of Float of 5.5.
Earnings Estimates
The firm’s stock currently is rated by 2.0 analysts. The consensus estimate for the next quarter is -$0.02, with high estimates of $0.01 and low estimates of -$0.04. Analysts are recommending an EPS of between -$0.02 and -$0.15 for the fiscal current year, implying an average EPS of -$0.08. EPS for the following year is $0.1, with 7.0 analysts recommending between $0.38 and -$0.1.
