Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Lithium Argentina AG (NYSE: LAR) closed at $2.9 in the last session, down -3.01% from day before closing price of $2.99. In other words, the price has decreased by -$3.01 from its previous closing price. On the day, 1.23 million shares were traded. LAR stock price reached its highest trading level at $2.99 during the session, while it also had its lowest trading level at $2.82.
Ratios:
We take a closer look at LAR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 0.55. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.00.
On March 22, 2024, Scotiabank Upgraded its rating to Sector Outperform which previously was Sector Perform but kept the price unchanged to $8.
Deutsche Bank Downgraded its Buy to Hold on January 11, 2024, whereas the target price for the stock was revised from $9 to $6.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LAR now has a Market Capitalization of 469510016 and an Enterprise Value of 672801024.
Stock Price History:
The Beta on a monthly basis for LAR is 1.11, which has changed by -0.03654486 over the last 52 weeks, in comparison to a change of 0.17774606 over the same period for the S&P500. Over the past 52 weeks, LAR has reached a high of $3.96, while it has fallen to a 52-week low of $1.71. The 50-Day Moving Average of the stock is 35.82%, while the 200-Day Moving Average is calculated to be 12.16%.
Shares Statistics:
According to the various share statistics, LAR traded on average about 1.05M shares per day over the past 3-months and 1590180 shares per day over the past 10 days. A total of 161.97M shares are outstanding, with a floating share count of 118.05M. Insiders hold about 27.12% of the company’s shares, while institutions hold 16.61% stake in the company. Shares short for LAR as of 1751241600 were 10514101 with a Short Ratio of 9.97, compared to 1748563200 on 10793048. Therefore, it implies a Short% of Shares Outstanding of 10514101 and a Short% of Float of 6.819999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Current recommendations for the stock of the company come from 2.0 analysts. The consensus estimate for the next quarter is -$0.01, with high estimates of $0.01 and low estimates of -$0.02.
Analysts are recommending an EPS of between -$0.05 and -$0.14 for the fiscal current year, implying an average EPS of -$0.09. EPS for the following year is $0.13, with 4.0 analysts recommending between $0.21 and -$0.02.
