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, Lithium Americas Corp (NewCo) (NYSE: LAC) closed at $2.79 down -2.45% from its previous closing price of $2.86. In other words, the price has decreased by -$2.45 from its previous closing price. On the day, 4.67 million shares were traded. LAC stock price reached its highest trading level at $2.84 during the session, while it also had its lowest trading level at $2.74.
Ratios:
For a deeper understanding of Lithium Americas Corp (NewCo)’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.88 and its Current Ratio is at 9.88. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.33.
On December 19, 2024, Wedbush started tracking the stock assigning a Neutral rating and target price of $5.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 19 ’25 when BROWN MICHAEL JOHN bought 100 shares for $2.81 per share. The transaction valued at 282 led to the insider holds 5,201 shares of the business.
GRANDY EDWARD sold 23 shares of LAC for $62 on Apr 17 ’25. The Sr VP, GC & Secretary now owns 151,155 shares after completing the transaction at $2.68 per share. On Apr 03 ’25, another insider, BROWN MICHAEL JOHN, who serves as the Director of the company, bought 1,000 shares for $2.71 each. As a result, the insider paid 2,710 and bolstered with 5,101 shares of the company.
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 688917952 and an Enterprise Value of 740427328.
Stock Price History:
The Beta on a monthly basis for LAC is 0.53, which has changed by 0.24553573 over the last 52 weeks, in comparison to a change of 0.20221436 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 $2.11. The 50-Day Moving Average of the stock is -1.90%, while the 200-Day Moving Average is calculated to be -6.33%.
Shares Statistics:
For the past three months, LAC has traded an average of 7.42M shares per day and 5355680 over the past ten days. A total of 223.33M shares are outstanding, with a floating share count of 184.49M. Shares short for LAC as of 1755216000 were 29157347 with a Short Ratio of 3.93, compared to 1752537600 on 23981155. Therefore, it implies a Short% of Shares Outstanding of 29157347 and a Short% of Float of 12.1400006.
Earnings Estimates
The current rating of Lithium Americas Corp (NewCo) (LAC) is the result of assessments by 3.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is -$0.1, with high estimates of -$0.1 and low estimates of -$0.1.
Analysts are recommending an EPS of between -$0.17 and -$0.31 for the fiscal current year, implying an average EPS of -$0.23. EPS for the following year is -$0.34, with 6.0 analysts recommending between -$0.16 and -$0.6.
