Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Lithium Argentina AG (NYSE: LAR) closed at $2.34 in the last session, up 11.43% from day before closing price of $2.1. In other words, the price has increased by $11.43 from its previous closing price. On the day, 2.54 million shares were traded. LAR stock price reached its highest trading level at $2.41 during the session, while it also had its lowest trading level at $2.085.
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 379622880 and an Enterprise Value of 540043008.
Stock Price History:
The Beta on a monthly basis for LAR is 1.09, which has changed by -0.25714284 over the last 52 weeks, in comparison to a change of 0.1185931 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 17.36%, while the 200-Day Moving Average is calculated to be -10.15%.
Shares Statistics:
According to the various share statistics, LAR traded on average about 905.23K shares per day over the past 3-months and 1217320 shares per day over the past 10 days. A total of 161.97M shares are outstanding, with a floating share count of 118.12M. Insiders hold about 27.08% of the company’s shares, while institutions hold 16.56% stake in the company. Shares short for LAR as of 1749772800 were 10319538 with a Short Ratio of 11.40, compared to 1747267200 on 10274698. Therefore, it implies a Short% of Shares Outstanding of 10319538 and a Short% of Float of 6.7.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
