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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.74 million shares were traded. LAAC stock price reached its highest trading level at $3.39 during the session, while it also had its lowest trading level at $3.2712.
Ratios:
For a better understanding of LAAC, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.72 and its Current Ratio is at 4.72. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.25.
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, LAAC now has a Market Capitalization of 540721728 and an Enterprise Value of 713560000. As of this moment, Lithium’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.43, and their Forward P/E ratio for the next fiscal year is 47.60.
Stock Price History:
Over the past 52 weeks, LAAC has reached a high of $6.69, while it has fallen to a 52-week low of $2.07. The 50-Day Moving Average of the stock is -1.25%, while the 200-Day Moving Average is calculated to be -12.78%.
Shares Statistics:
Over the past 3-months, LAAC traded about 1.61M shares per day on average, while over the past 10 days, LAAC traded about 1049940 shares per day. A total of 161.92M shares are outstanding, with a floating share count of 135.82M. Insiders hold about 16.11% of the company’s shares, while institutions hold 19.49% stake in the company. Shares short for LAAC as of 1731628800 were 11036962 with a Short Ratio of 6.86, compared to 1728950400 on 12190184.
