Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Lithium Americas Corp (NewCo) (NYSE: LAC) was $2.82 for the day, down -2.76% from the previous closing price of $2.90. In other words, the price has decreased by $-2.76 from its previous closing price. On the day, 3.29 million shares were traded. LAC stock price reached its highest trading level at $2.98 during the session, while it also had its lowest trading level at $2.8.
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.
On December 19, 2024, Wedbush started tracking the stock assigning a Neutral rating and target price of $5.
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 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.
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 616694528 and an Enterprise Value of 354895296.
Stock Price History:
The Beta on a monthly basis for LAC is 0.59, which has changed by -0.3605442 over the last 52 weeks, in comparison to a change of 0.097913146 over the same period for the S&P500. 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 0.16%, while the 200-Day Moving Average is calculated to be -5.69%.
Shares Statistics:
LAC traded an average of 4.43M shares per day over the past three months and 3854790 shares per day over the past ten days. A total of 218.47M shares are outstanding, with a floating share count of 184.47M. Insiders hold about 15.65% of the company’s shares, while institutions hold 15.59% stake in the company. Shares short for LAC as of 1744675200 were 33818648 with a Short Ratio of 7.64, compared to 1741910400 on 33970129. Therefore, it implies a Short% of Shares Outstanding of 33818648 and a Short% of Float of 15.57.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
