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In other words, the price has increased by $0.00 from its previous closing price. On the day, 2.87 million shares were traded. LAC stock price reached its highest trading level at $4.62 during the session, while it also had its lowest trading level at $4.45.
Ratios:
To gain a deeper understanding of LAC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.37 and its Current Ratio is at 3.37. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 the company, Scotiabank on March 18, 2024, Downgraded its rating to Sector Perform and sets its target price to $7 from $15 previously.
On December 11, 2023, JP Morgan started tracking the stock assigning a Neutral rating and target price of $7.
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 975070784.
Stock Price History:
Over the past 52 weeks, LAC has reached a high of $12.38, while it has fallen to a 52-week low of $3.81. The 50-Day Moving Average of the stock is -21.80%, while the 200-Day Moving Average is calculated to be -28.23%.
Shares Statistics:
It appears that LAC traded 4.72M shares on average per day over the past three months and 6033550 shares per day over the past ten days. A total of 161.78M shares are outstanding, with a floating share count of 130.62M. Insiders hold about 19.45% of the company’s shares, while institutions hold 15.81% stake in the company. Shares short for LAC as of 1713139200 were 14889933 with a Short Ratio of 3.15, compared to 1710460800 on 17340446. Therefore, it implies a Short% of Shares Outstanding of 14889933 and a Short% of Float of 9.2700005.
