Lightbridge Corp (NASDAQ:LTBR) does about 230.05K shares in volume on a normal day but saw 7492048 shares change hands in the recent trading day. The company now has a market cap of 102.35M USD. Its current market price is $7.01, marking an increase of 57.53% compared to the previous close of $4.45. The 52 week high reached by this stock is $5.70 whilst the lowest price level in 52 weeks is $2.21.
Lightbridge Corp (LTBR) has a 20-day trading average at $3.37 and the current price is 22.98% off the 52-week high compared with 217.19% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.86 and its 200-day simple moving average is $2.92. If we look at the stock’s price movements over the week, volatility stands at 35.36%, which decreases to 16.99% 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 83.83 to suggest the stock is overbought.
The consensus objective for the share price is $10.50, suggesting that the stock has a potential upside of 33.24% over the period.
The current price level is 107.80%, 144.75%, and 140.07% away from its SMA20, SMA50, and SMA200 respectively, with the LTBR price moving below the 50-day SMA on current market day. Lightbridge Corp (LTBR) stock is up 121.14% over the week and 182.66% over the past month. Its price is 118.38% year-to-date and 40.76% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 33.24 percent from here.
The company has a return on investment of -34.80% and return on equity of -33.84%. The beta has a value of 2.57. Price to book ratio is 3.79.
