For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Largo Inc (NASDAQ: LGO) closed at $1.27 down -1.93% from its previous closing price of $1.29. In other words, the price has decreased by -$1.93 from its previous closing price. On the day, 67204.0 shares were traded. LGO stock price reached its highest trading level at $1.2999 during the session, while it also had its lowest trading level at $1.26.
Ratios:
For a deeper understanding of Largo Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.27 and its Current Ratio is at 0.56. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.08.
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, Noble Capital Markets on February 07, 2023, initiated with a Outperform rating and assigned the stock a target price of $11.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LGO now has a Market Capitalization of 81526128 and an Enterprise Value of 171298624. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 1.544 whereas that against EBITDA is -2447.123.
Stock Price History:
The Beta on a monthly basis for LGO is 1.65, which has changed by -0.377451 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, LGO has reached a high of $2.84, while it has fallen to a 52-week low of $1.12. The 50-Day Moving Average of the stock is -10.16%, while the 200-Day Moving Average is calculated to be -28.29%.
Shares Statistics:
For the past three months, LGO has traded an average of 101.31K shares per day and 86370 over the past ten days. A total of 64.11M shares are outstanding, with a floating share count of 63.90M. Insiders hold about 0.35% of the company’s shares, while institutions hold 21.62% stake in the company. Shares short for LGO as of 1748563200 were 657954 with a Short Ratio of 6.49, compared to 1745971200 on 666485.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
