Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
Lineage Inc (NASDAQ: LINE) closed the day trading at $54.65 down -1.58% from the previous closing price of $55.53. In other words, the price has decreased by -$1.58 from its previous closing price. On the day, 0.74 million shares were traded.
Ratios:
For a better understanding of LINE, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.76.
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, Exane BNP Paribas on January 14, 2025, initiated with a Neutral rating and assigned the stock a target price of $61.
On December 20, 2024, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $78 to $75.
On September 18, 2024, CapitalOne started tracking the stock assigning a Overweight rating and target price of $91.CapitalOne initiated its Overweight rating on September 18, 2024, with a $91 target price.
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 Jul 26 ’24 when Falotico Nancy Joy bought 1,300 shares for $78.00 per share. The transaction valued at 101,400 led to the insider holds 2,452 shares of the business.
Wentworth Lynn A bought 3,100 shares of LINE for $241,800 on Jul 26 ’24. The Director now owns 4,910 shares after completing the transaction at $78.00 per share. On Jul 26 ’24, another insider, Crisci Robert, who serves as the Chief Financial Officer of the company, bought 10,000 shares for $78.00 each. As a result, the insider paid 780,000 and bolstered with 10,000 shares of the company.
Stock Price History:
Over the past 52 weeks, LINE has reached a high of $89.85, while it has fallen to a 52-week low of $52.75. The 50-Day Moving Average of the stock is -7.02%, while the 200-Day Moving Average is calculated to be -22.88%.
Shares Statistics:
A total of 228.40M shares are outstanding, with a floating share count of 68.96M. Insiders hold about 69.81% of the company’s shares, while institutions hold 32.78% stake in the company.
