Lightbridge Corporation [NASDAQ: LTBR] stock went on an upward path that rose over 9.86% on Tuesday, amounting to a one-week price increase of more than 10.25%. The company report on November 6, 2020 that Lightbridge Corp. to Host Earnings Call.
Lightbridge Corp. (NASDAQ:LTBR) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on November 5, 2020 at 4:00 PM Eastern Time.
To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/event/presentation/70626.
Over the last 12 months, LTBR stock dropped by -35.49%.
The market cap for the stock reached $16.72 million, with 4.05 million shares outstanding and 3.93 million shares in the current float. Compared to the average trading volume of 242.37K shares, LTBR stock reached a trading volume of 1716554 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Lightbridge Corporation [LTBR]:
The Average True Range (ATR) for Lightbridge Corporation is set at 0.26 The Price to Book ratio for the last quarter was 0.72, with the Price to Cash per share for the same quarter was set at 3.25.
LTBR Stock Performance Analysis:
Lightbridge Corporation [LTBR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.25. With this latest performance, LTBR shares gained by 14.71% in over the last four-week period, additionally sinking by -49.76% over the last 6 months – not to mention a drop of -35.49% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LTBR stock in for the last two-week period is set at 57.88, with the RSI for the last a single of trading hit 65.73, and the three-weeks RSI is set at 50.07 for Lightbridge Corporation [LTBR]. The present Moving Average for the last 50 days of trading for this stock 3.24, while it was recorded at 2.80 for the last single week of trading, and 4.10 for the last 200 days.
Insight into Lightbridge Corporation Fundamentals:
Return on Total Capital for LTBR is now -36.63, given the latest momentum, and Return on Invested Capital for the company is -46.31. Return on Equity for this stock declined to -46.31, with Return on Assets sitting at -45.49.
Reflecting on the efficiency of the workforce at the company, Lightbridge Corporation [LTBR] managed to generate an average of -$814,394 per employee.Lightbridge Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 9.70 and a Current Ratio set at 9.70.
Lightbridge Corporation [LTBR] Insider Position Details
There are presently around $1 million, or 2.80% of LTBR stock, in the hands of institutional investors. The top three institutional holders of LTBR stocks are: VANGUARD GROUP INC with ownership of 86,118, which is approximately 0% of the company’s market cap and around 0.40% of the total institutional ownership; RENAISSANCE TECHNOLOGIES LLC, holding 31,085 shares of the stock with an approximate value of $97000.0 in LTBR stocks shares; and BROOKSTONE CAPITAL MANAGEMENT, currently with $63000.0 in LTBR stock with ownership of nearly New of the company’s market capitalization.
Positions in Lightbridge Corporation stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 5 institutional holders increased their position in Lightbridge Corporation [NASDAQ:LTBR] by around 51,413 shares. Additionally, 4 investors decreased positions by around 220 shares, while 9 investors held positions by with 132,039 shares. The mentioned changes placed institutional holdings at 183,672 shares, according to the latest SEC report filing. LTBR stock had 2 new institutional investments in for a total of 51,135 shares, while 2 institutional investors sold positions of 9 shares during the same period.