Comstock Inc [AMEX: LODE] price plunged by -8.95 percent to reach at -$0.07.
The one-year LODE stock forecast points to a potential upside of 73.2. The average equity rating for LODE stock is currently 3.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Comstock Inc [LODE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LODE shares is $2.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LODE stock is a recommendation set at 3.00. 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.
Noble Capital Markets have made an estimate for Comstock Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on December 18, 2024. While these analysts kept the previous recommendation, Singular Research raised their target price to Buy. The new note on the price target was released on April 23, 2014, representing the official price target for Comstock Inc stock. Previously, the target price had yet another raise to $3.50, while Global Hunter Securities analysts kept a Speculative Buy rating on LODE stock.
The Average True Range (ATR) for Comstock Inc is set at 0.11, with the Price to Sales ratio for LODE stock in the period of the last 12 months amounting to 72.27. The Price to Book ratio for the last quarter was 2.05, with the Price to Cash per share for the same quarter was set at 0.10.
LODE Stock Performance Analysis:
Comstock Inc [LODE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 19.79. With this latest performance, LODE shares gained by 49.14% in over the last four-week period, additionally plugging by 308.36% over the last 6 months – not to mention a rise of 22.51% 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 LODE stock in for the last two-week period is set at 61.61, with the RSI for the last a single of trading hit 61.02, and the three-weeks RSI is set at 61.00 for Comstock Inc [LODE]. The present Moving Average for the last 50 days of trading for this stock 0.4257, while it was recorded at 0.7574 for the last single week of trading, and 0.3117 for the last 200 days.
Insight into Comstock Inc Fundamentals:
Comstock Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.45 and a Current Ratio set at 2.45.
Comstock Inc [LODE] Institutonal Ownership Details
There are presently around $5.53%, or 5.85%% of LODE stock, in the hands of institutional investors. The top three institutional holders of LODE stocks are: VANGUARD GROUP INC with ownership of 3.29 million shares, which is approximately 2.8076%. RENAISSANCE TECHNOLOGIES LLC, holding 2.87 million shares of the stock with an approximate value of $$0.47 million in LODE stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $$0.22 million in LODE stock with ownership which is approximately 1.1585%.
