Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
As of close of business last night, Lithium Americas Corp (NewCo)’s stock clocked out at $2.96, up 7.25% from its previous closing price of $2.76. In other words, the price has increased by $7.25 from its previous closing price. On the day, 5.45 million shares were traded. LAC stock price reached its highest trading level at $2.9699 during the session, while it also had its lowest trading level at $2.775.
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 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:
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 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 647310592 and an Enterprise Value of 385480384.
Stock Price History:
The Beta on a monthly basis for LAC is 0.55, which has changed by -0.35930735 over the last 52 weeks, in comparison to a change of 0.07545352 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 4.81%, while the 200-Day Moving Average is calculated to be -0.91%.
Shares Statistics:
It appears that LAC traded 4.44M shares on average per day over the past three months and 3872080 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 15.58% stake in the company. Shares short for LAC as of 1743379200 were 33098780 with a Short Ratio of 7.45, compared to 1740700800 on 31740316. Therefore, it implies a Short% of Shares Outstanding of 33098780 and a Short% of Float of 15.24.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
