Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Lithium Americas Corp (NewCo)’s stock clocked out at $3.05, down -0.97% from its previous closing price of $3.08. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 2.94 million shares were traded.
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 13.88 and its Current Ratio is at 13.88. In the meantime, Its Debt-to-Equity ratio is 0.01 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 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.
Stock Price History:
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 -3.35%, while the 200-Day Moving Average is calculated to be -2.57%.
Shares Statistics:
A total of 218.29M shares are outstanding, with a floating share count of 184.39M. Insiders hold about 15.56% of the company’s shares, while institutions hold 15.69% stake in the company.
