For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Largo Inc (NASDAQ: LGO) closed the day trading at $1.29 down -2.27% from the previous closing price of $1.32. In other words, the price has decreased by -$2.27 from its previous closing price. On the day, 3.73 million shares were traded. LGO stock price reached its highest trading level at $1.375 during the session, while it also had its lowest trading level at $1.25.
Ratios:
For a better understanding of LGO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.21 and its Current Ratio is at 0.51. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.08.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, Noble Capital Markets on February 07, 2023, initiated with a Outperform rating and assigned the stock a target price of $11.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LGO now has a Market Capitalization of 82731152 and an Enterprise Value of 178315568. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 0.51. Its current Enterprise Value per Revenue stands at 1.643 whereas that against EBITDA is 83.677.
Stock Price History:
The Beta on a monthly basis for LGO is 1.62, which has changed by -0.34848487 over the last 52 weeks, in comparison to a change of 0.13837254 over the same period for the S&P500. Over the past 52 weeks, LGO has reached a high of $2.84, while it has fallen to a 52-week low of $1.12. The 50-Day Moving Average of the stock is -20.07%, while the 200-Day Moving Average is calculated to be -18.35%.
Shares Statistics:
Over the past 3-months, LGO traded about 927.45K shares per day on average, while over the past 10 days, LGO traded about 4912790 shares per day. A total of 64.13M shares are outstanding, with a floating share count of 63.91M. Insiders hold about 0.35% of the company’s shares, while institutions hold 21.65% stake in the company. Shares short for LGO as of 1759190400 were 671729 with a Short Ratio of 0.72, compared to 1756425600 on 762343.
Earnings Estimates
Analysts are recommending an EPS of between -$0.26 and -$0.26 for the fiscal current year, implying an average EPS of -$0.26. EPS for the following year is -$0.12, with 1.0 analysts recommending between -$0.12 and -$0.12.
Revenue Estimates
A total of 1 analysts have provided revenue estimates for LGO’s current fiscal year. The highest revenue estimate was $165.44M, while the lowest revenue estimate was $165.44M, resulting in an average revenue estimate of $165.44M. In the same quarter a year ago, actual revenue was $178.48MBased on 1 analysts’ estimates, the company’s revenue will be $224.33M in the next fiscal year. The high estimate is $224.33M and the low estimate is $224.33M.
