For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Lithium Americas Corp (NewCo) (NYSE: LAC) closed at $3.14 in the last session, up 2.28% from day before closing price of $3.07. In other words, the price has increased by $2.28 from its previous closing price. On the day, 4.7 million shares were traded.
Ratios:
We take a closer look at LAC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 10.33 and its Current Ratio is at 10.33. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
On December 19, 2024, Wedbush started tracking the stock assigning a Neutral rating and target price of $5.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 17 ’25 when GRANDY EDWARD sold 23 shares for $2.68 per share. The transaction valued at 62 led to the insider holds 151,155 shares of the business.
BROWN MICHAEL JOHN bought 1,000 shares of LAC for $2,710 on Apr 03 ’25. The Director now owns 5,101 shares after completing the transaction at $2.71 per share.
Stock Price History:
Over the past 52 weeks, LAC has reached a high of $5.20, while it has fallen to a 52-week low of $2.02. The 50-Day Moving Average of the stock is 11.38%, while the 200-Day Moving Average is calculated to be 4.91%.
Shares Statistics:
A total of 218.47M shares are outstanding, with a floating share count of 184.63M. Insiders hold about 15.65% of the company’s shares, while institutions hold 15.58% stake in the company.
