LeddarTech Holdings Inc [NASDAQ: LDTC] traded at a high on Monday, posting a 12.03 gain after which it closed the day’ session at $1.77.
The results of the trading session contributed to over 9074433 shares changing hands. Over the past one week, the price volatility of LeddarTech Holdings Inc stands at 25.75% while the volatility over the past one month is 33.96%.
The market cap for LDTC stock reached $81.35 million, with 28.77 million shares outstanding and 8.89 million shares in the current float. Compared to the average trading volume of 7.47M shares, LDTC reached a trading volume of 9074433 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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.
How has LDTC stock performed recently?
LeddarTech Holdings Inc [LDTC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 65.42. With this latest performance, LDTC shares gained by 561.93% in over the last four-week period, additionally plugging by 88.32% over the last 6 months – not to mention a drop of -33.71% 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 64.47, with the RSI for the last a single of trading hit 66.56, and the three-weeks RSI is set at 63.59 for LeddarTech Holdings Inc [LDTC]. The present Moving Average for the last 50 days of trading for this stock 0.6838, while it was recorded at 1.5160 for the last single week of trading, and 1.0858 for the last 200 days.
LeddarTech Holdings Inc [LDTC]: Deeper insight into the 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.
