The closing price of Lithium Americas Corp (NewCo) (NYSE: LAC) was $2.83 for the day, down -7.21% from the previous closing price of $3.05. In other words, the price has decreased by -$7.21 from its previous closing price. On the day, 12.23 million shares were traded. LAC stock price reached its highest trading level at $3.05 during the session, while it also had its lowest trading level at $2.8.
Ratios:
Our analysis of LAC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 10.35 and its Current Ratio is at 10.35. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On December 19, 2024, Wedbush started tracking the stock assigning a Neutral rating and target price of $5.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 653976192 and an Enterprise Value of 551745856.
Stock Price History:
The Beta on a monthly basis for LAC is 0.58, which has changed by 0.08846152 over the last 52 weeks, in comparison to a change of 0.17535925 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 $2.02. The 50-Day Moving Average of the stock is 0.81%, while the 200-Day Moving Average is calculated to be -8.27%.
Shares Statistics:
LAC traded an average of 6.08M shares per day over the past three months and 13631480 shares per day over the past ten days. A total of 218.69M shares are outstanding, with a floating share count of 184.49M. Insiders hold about 15.72% of the company’s shares, while institutions hold 15.38% stake in the company. Shares short for LAC as of 1752537600 were 23981155 with a Short Ratio of 3.95, compared to 1749772800 on 30630781. Therefore, it implies a Short% of Shares Outstanding of 23981155 and a Short% of Float of 11.03.
