Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $0.32 in the prior trading day, Comstock Inc (AMEX: LODE) closed at $0.29, down -8.52%. In other words, the price has decreased by -$8.52 from its previous closing price. On the day, 1.06 million shares were traded. LODE stock price reached its highest trading level at $0.33 during the session, while it also had its lowest trading level at $0.2883.
Ratios:
Our goal is to gain a better understanding of LODE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 1.56. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.07.
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, Singular Research on April 23, 2014, initiated with a Buy rating and assigned the stock a target price of $2.25.
On March 16, 2012, Global Hunter Securities started tracking the stock assigning a Speculative Buy rating and target price of $3.50.
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 Nov 09 ’23 when Drozdoff Leo M bought 40,000 shares for $0.47 per share. The transaction valued at 18,600 led to the insider holds 400,000 shares of the business.
MCCARTHY WILLIAM JOSEPH bought 24,000 shares of LODE for $9,744 on Oct 27 ’23. The Chief Operating Officer now owns 1,524,000 shares after completing the transaction at $0.41 per share. On Oct 27 ’23, another insider, MCCARTHY WILLIAM JOSEPH, who serves as the Chief Operating Officer of the company, bought 3,000 shares for $0.40 each. As a result, the insider paid 1,207 and bolstered with 1,527,000 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, LODE now has a Market Capitalization of 35558348 and an Enterprise Value of 21807476. As of this moment, Comstock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 28.00 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at 17.111 whereas that against EBITDA is -1.279.
Stock Price History:
Over the past 52 weeks, LODE has reached a high of $0.99, while it has fallen to a 52-week low of $0.29. The 50-Day Moving Average of the stock is -26.25%, while the 200-Day Moving Average is calculated to be -37.51%.
Shares Statistics:
The stock has traded on average 607.35K shares per day over the past 3-months and 909090 shares per day over the last 10 days, according to various share statistics. A total of 115.26M shares are outstanding, with a floating share count of 111.41M. Insiders hold about 9.14% of the company’s shares, while institutions hold 7.52% stake in the company. Shares short for LODE as of 1711584000 were 1231739 with a Short Ratio of 2.03, compared to 1709164800 on 401452. Therefore, it implies a Short% of Shares Outstanding of 1231739 and a Short% of Float of 1.1199999999999999.
Earnings Estimates
Investors are keenly observing as Grand Canyon Education, Inc. analysts analyze and rate the current performance of Comstock Inc (LODE) in the stock market.The consensus estimate for the next quarter is $20.80, with high estimates of $27.61 and low estimates of $0.29.
