Spotting A Winner: Lightbridge Corp (NASDAQ: LTBR) Advances 35.65 And It Still Have Room To Run

money audit

Lightbridge Corp (NASDAQ:LTBR) currently has a daily average trading volume of 163.23K but it saw 3344552 shares traded in last market. With a market cap of 71.10M USD, the company’s current market price of $4.87 came rising about 35.65 while comparing to the previous closing price of $3.59. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.16 and as low as $2.21. In the recent trading on the day, stock has struck highest price mark of $3.61 while lowest mark touched by it was $5.7.

Taking a look at 20-day trading activity of Lightbridge Corp (LTBR) gives us an average price of $3.05, while its current price level is -5.62% below from 52-week high level whereas it is 120.36% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.74 while that of 200 days or SMA-200 reads an average of $2.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.60% during that period while stretching the period over a month that decreases to 13.40%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 80.61 which implies that the stock is in overbought territory.

Over the week, LTBR’s stock price is moving 63.97% up while it is 97.17% when we observe its performance for the past one month. Year-to-date it is 51.71% up and over the past year, the stock is showing an upside performance of 1.04%.

The company is expected to be releasing its next quarterly report in November, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Lightbridge Corp’s total number of outstanding shares is 13.70M. Company’s return on investment (ROI) stands at -34.80% and return on equity (ROE) at -33.84%. Stock’s beta reads 2.56. Stock has a price to book (P/B) ratio of 2.63. Its return on asset (ROA) is -32.93% on average.