Stock That Is Worth Exploring Now: Comstock Inc (AMEX: LODE)

Comstock Inc (AMEX:LODE) does about 562.43K shares in volume on a normal day but saw 1339314 shares change hands in Friday trading. The company now has a market cap of 38.87M USD. Its current market price is $0.32, marking a decrease of -5.41% compared to the previous close of $0.34. The 52 week high reached by this stock is $0.99 whilst the lowest price level in 52 weeks is $0.31.

Comstock Inc (LODE) has a 20-day trading average at $0.3537 and the current price is -67.49% off the 52-week high compared with 3.44% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.4073 and its 200-day simple moving average is $0.4730. If we look at the stock’s price movements over the week, volatility stands at 11.77%, which decreases to 9.18% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 37.43 to suggest the stock is neutral.

The consensus objective for the share price is $4.00, suggesting that the stock has a potential upside of 92.0% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 23, 2014 when Singular Research initiated the stock to “Buy” and issued a price target of $2.25.

Comstock Inc (LODE) stock is down -2.58% over the week and -18.98% over the past month. Its price is -41.33% year-to-date and -9.46% over the past year.

To reach the target analysts have set, the stock logically needs to grow 92.0 percent from here.

The company has a return on investment of 10.93% and return on equity of 13.89%. The price to earnings ratio (P/E ratio) amounts to 4.79. The beta has a value of 2.00. Price to book ratio is 0.47 and price to sales ratio is 30.61.