In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
As of close of business last night, Lifecore Biomedical Inc’s stock clocked out at $7.62, up 14.41% from its previous closing price of $6.66. In other words, the price has increased by $14.41 from its previous closing price. On the day, 0.61 million shares were traded. LFCR stock price reached its highest trading level at $7.69 during the session, while it also had its lowest trading level at $6.77.
Ratios:
To gain a deeper understanding of LFCR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 2.20 whereas as Long-Term Debt/Eq ratio is at 2.12.
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, Craig Hallum on September 05, 2024, initiated with a Buy rating and assigned the stock a target price of $8.
Stephens Downgraded its Overweight to Equal-Weight on March 20, 2023, whereas the target price for the stock was revised from $11 to $2.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 20 ’24 when Morberg John D bought 10,000 shares for $7.17 per share.
Morberg John D bought 30,990 shares of LFCR for $205,803 on Nov 11 ’24. On Oct 31 ’24, another insider, Morberg John D, who serves as the Former officer of the company, bought 40,989 shares for $5.68 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LFCR now has a Market Capitalization of 282132768 and an Enterprise Value of 380567392. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.47 while its Price-to-Book (P/B) ratio in mrq is 18.24. Its current Enterprise Value per Revenue stands at 2.963 whereas that against EBITDA is -564.64.
Stock Price History:
Over the past 52 weeks, LFCR has reached a high of $8.90, while it has fallen to a 52-week low of $3.68. The 50-Day Moving Average of the stock is 10.45%, while the 200-Day Moving Average is calculated to be 30.62%.
Shares Statistics:
It appears that LFCR traded 211.79K shares on average per day over the past three months and 434430 shares per day over the past ten days. A total of 36.98M shares are outstanding, with a floating share count of 32.86M. Insiders hold about 11.26% of the company’s shares, while institutions hold 63.64% stake in the company. Shares short for LFCR as of 1734048000 were 2354013 with a Short Ratio of 11.11, compared to 1731628800 on 2466319. Therefore, it implies a Short% of Shares Outstanding of 2354013 and a Short% of Float of 10.39.
