Predicting Future Price Moves In Comstock Inc (LODE)

Comstock Inc (AMEX:LODE) does about 771.50K shares in volume on a normal day but saw 1448979 shares change hands in Monday’s trading. The company now has a market cap of 34.94M USD. Its current market price is $0.25, marking a decrease of -2.28% compared to the previous close of $0.26. The 52 week high reached by this stock is $0.99 whilst the lowest price level in 52 weeks is $0.24.

Comstock Inc (LODE) has a 20-day trading average at $0.2820 and the current price is -74.45% off the 52-week high compared with 5.20% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3298 and its 200-day simple moving average is $0.4313. If we look at the stock’s price movements over the week, volatility stands at 10.25%, which increases to 10.38% 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 38.23 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 93.75% 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 up 1.90% over the week and -21.40% over the past month. Its price is -53.89% year-to-date and -65.14% over the past year.

To reach the target analysts have set, the stock logically needs to grow 93.75 percent from here.

The company has a return on investment of 9.62% and return on equity of 12.64%. The price to earnings ratio (P/E ratio) amounts to 3.72. The beta has a value of 1.96. Price to book ratio is 0.42 and price to sales ratio is 20.92.