Lightbridge Corp (NASDAQ:LTBR) does about 1.46M shares in volume on a normal day but saw 1448269 shares change hands in the recent trading day. The company now has a market cap of 254.91M USD. Its current market price is $11.31, marking an increase of 3.48% compared to the previous close of $10.93. The 52 week high reached by this stock is $16.90 whilst the lowest price level in 52 weeks is $2.21.
Lightbridge Corp (LTBR) has a 20-day trading average at $8.95 and the current price is -33.08% off the 52-week high compared with 411.76% distance from its 52-week low. The 50-day simple moving average of the closing price is $8.60 and its 200-day simple moving average is $6.45. If we look at the stock’s price movements over the week, volatility stands at 9.41%, which decreases to 7.67% 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 70.64 to suggest the stock is overbought.
The consensus objective for the share price is $10.50, suggesting that the stock has a potential downside of -7.71% over the period.
The current price level is 26.30%, 31.45%, and 75.36% 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 16.72% over the week and 40.50% over the past month. Its price is 139.11% year-to-date and 348.81% over the past year.
To reach the target analysts have set, the stock logically needs to shrink -7.71 percent from here.
Outstanding shares total 21.56M with insiders holding 11.38% of the shares and institutional holders owning 13.04% of the company’s common stock. The company has a return on investment of -23.97% and return on equity of -32.19%. The beta has a value of 1.68. Price to book ratio is 4.25.
