Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $3.05 in the prior trading day, Lithium Americas Corp (NewCo) (NYSE: LAC) closed at $2.85, down -6.56%. In other words, the price has decreased by -$6.56 from its previous closing price. On the day, 11.07 million shares were traded. LAC stock price reached its highest trading level at $3.04 during the session, while it also had its lowest trading level at $2.805.
Ratios:
Our goal is to gain a better understanding of LAC by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.35 and its Current Ratio is at 10.35. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On December 19, 2024, Wedbush started tracking the stock assigning a Neutral rating and target price of $5.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 19 ’25 when BROWN MICHAEL JOHN bought 100 shares for $2.81 per share. The transaction valued at 282 led to the insider holds 5,201 shares of the business.
GRANDY EDWARD sold 23 shares of LAC for $62 on Apr 17 ’25. The Sr VP, GC & Secretary now owns 151,155 shares after completing the transaction at $2.68 per share. On Apr 03 ’25, another insider, BROWN MICHAEL JOHN, who serves as the Director of the company, bought 1,000 shares for $2.71 each. As a result, the insider paid 2,710 and bolstered with 5,101 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LAC now has a Market Capitalization of 623879232 and an Enterprise Value of 507964896.
Stock Price History:
The Beta on a monthly basis for LAC is 0.51, which has changed by 0.28959274 over the last 52 weeks, in comparison to a change of 0.18157876 over the same period for the S&P500. Over the past 52 weeks, LAC has reached a high of $5.20, while it has fallen to a 52-week low of $2.11. The 50-Day Moving Average of the stock is 2.56%, while the 200-Day Moving Average is calculated to be -7.18%.
Shares Statistics:
The stock has traded on average 7.03M shares per day over the past 3-months and 8611120 shares per day over the last 10 days, according to various share statistics. A total of 218.69M shares are outstanding, with a floating share count of 184.49M. Insiders hold about 15.72% of the company’s shares, while institutions hold 15.13% stake in the company. Shares short for LAC as of 1753920000 were 28911265 with a Short Ratio of 4.11, compared to 1751241600 on 26557626. Therefore, it implies a Short% of Shares Outstanding of 28911265 and a Short% of Float of 13.3.
Earnings Estimates
The stock of Lithium Americas Corp (NewCo) (LAC) is currently in the spotlight, with 2.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is -$0.06, with high estimates of -$0.06 and low estimates of -$0.07.
Analysts are recommending an EPS of between -$0.16 and -$0.34 for the fiscal current year, implying an average EPS of -$0.23. EPS for the following year is -$0.32, with 7.0 analysts recommending between -$0.16 and -$0.58.
