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The closing price of Lithium Americas Corp (NewCo) (NYSE: LAC) was $2.53 for the day, down -6.99% from the previous closing price of $2.72. In other words, the price has decreased by -$6.99 from its previous closing price. On the day, 4.22 million shares were traded. LAC stock price reached its highest trading level at $2.7 during the session, while it also had its lowest trading level at $2.46.
Ratios:
Our analysis of LAC’s different ratios will help us gain a deeper understanding of the company. 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.
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, Wedbush on December 19, 2024, initiated with a Neutral rating and assigned the stock a target price of $5.
On July 29, 2024, Piper Sandler started tracking the stock assigning a Neutral rating and target price of $3.90.Piper Sandler initiated its Neutral rating on July 29, 2024, with a $3.90 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 03 ’25 when BROWN MICHAEL JOHN bought 1,000 shares for $2.71 per share. The transaction valued at 2,710 led to the insider holds 5,101 shares of the business.
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 553275584 and an Enterprise Value of 289890080.
Stock Price History:
The Beta on a monthly basis for LAC is 0.63, which has changed by -0.6426554 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. Over the past 52 weeks, LAC has reached a high of $7.71, while it has fallen to a 52-week low of $2.02. The 50-Day Moving Average of the stock is -11.97%, while the 200-Day Moving Average is calculated to be -15.22%.
Shares Statistics:
LAC traded an average of 4.64M shares per day over the past three months and 4888410 shares per day over the past ten days. A total of 218.47M shares are outstanding, with a floating share count of 184.81M. Insiders hold about 15.49% of the company’s shares, while institutions hold 15.56% stake in the company. Shares short for LAC as of 1741910400 were 33970129 with a Short Ratio of 7.13, compared to 1739491200 on 29238078. Therefore, it implies a Short% of Shares Outstanding of 33970129 and a Short% of Float of 15.67.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
