Wall Street Analyst Initiated LeddarTech Holdings Inc [LDTC]. What else is Wall St. saying

LeddarTech Holdings Inc [NASDAQ: LDTC] surged by $0.39 during the normal trading session on while it closed the day at $1.19.

LeddarTech Holdings Inc stock has also gained 16.67% of its value over the past 7 days. However, LDTC stock has inclined by 277.18% in the 3 months of the year. Over the past six months meanwhile, it has gained 56.37% and lost -53.61% year-on date.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The market cap for LDTC stock reached $44.31 million, with 28.77 million shares outstanding and 8.40 million shares in the current float. Compared to the average trading volume of 7.05M shares, LDTC reached a trading volume of 9064599 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about LeddarTech Holdings Inc [LDTC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LDTC shares is $3.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LDTC stock is a recommendation set at 2.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

ROTH MKM have made an estimate for LeddarTech Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 06, 2024.

The Average True Range (ATR) for LeddarTech Holdings Inc is set at 0.30 Price to Free Cash Flow for LDTC in the course of the last twelve months was 0.14 with Quick ratio for the last quarter at 0.64.

LDTC stock trade performance evaluation

LeddarTech Holdings Inc [LDTC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.67. With this latest performance, LDTC shares gained by 260.28% in over the last four-week period, additionally plugging by 56.37% over the last 6 months – not to mention a drop of -71.60% 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 LDTC stock in for the last two-week period is set at 57.55, with the RSI for the last a single of trading hit 56.88, and the three-weeks RSI is set at 58.06 for LeddarTech Holdings Inc [LDTC]. The present Moving Average for the last 50 days of trading for this stock 0.5430, while it was recorded at 0.9079 for the last single week of trading, and 1.1525 for the last 200 days.

LeddarTech Holdings Inc [LDTC]: An insightful look at the core fundamentals

LeddarTech Holdings Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.64 and a Current Ratio set at 0.74.

LeddarTech Holdings Inc [LDTC]: Institutional Ownership