Comstock Inc (AMEX:LODE) does about 5.70M shares in volume on a normal day but saw 12093448 shares change hands in the recent trading day. The company now has a market cap of 134.42M USD. Its current market price is $0.67, marking a decrease of -8.95% compared to the previous close of $0.74. The 52 week high reached by this stock is $1.01 whilst the lowest price level in 52 weeks is $0.13.
Comstock Inc (LODE) has a 20-day trading average at $0.4844 and the current price is -33.29% off the 52-week high compared with 436.89% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.4257 and its 200-day simple moving average is $0.3117. If we look at the stock’s price movements over the week, volatility stands at 34.39%, which decreases to 18.95% 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 61.61 to suggest the stock is neutral.
The consensus objective for the share price is $2.50, suggesting that the stock has a potential upside of 73.2% over the period.
FactSet Research has provided data showing that 0 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is nan and Wall Street’s advice is for investors to Hold the stock.
Global Hunter Securities initiated its price target at $3.50.
The current price level is 39.10%, 58.27%, and 116.19% away from its SMA20, SMA50, and SMA200 respectively, with the LODE price moving below the 50-day SMA on current market day. Comstock Inc (LODE) stock is up 19.79% over the week and 49.14% over the past month. Its price is -15.84% year-to-date and 22.51% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.02 and -0.22 for whole year. Expected sales for next quarter are $770.18k, which analysts say will come at $2.12M for the current fiscal year and next year at $3.49M. In addition, estimates put the company’s current quarterly revenue at an average of $700.1k.
To reach the target analysts have set, the stock logically needs to grow 73.2 percent from here.
The company has a return on investment of -27.08% and return on equity of -33.70%. The beta has a value of 1.73. Price to book ratio is 2.05 and price to sales ratio is 72.27.
