Lithium Americas Corp. (NYSE:LAC) has a beta value of 0 and has seen 3,285,776 shares traded in the recent trading session. The company, currently valued at $815.91 Million, closed the recent trade at $8.81 per share which meant it gained $0.66 on the day or 8.04% during that session. The LAC stock price is -4.31% off its 52-week high price of $9.19 and 78.21% above the 52-week low of $1.92. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.17 Million shares traded. The 3-month trading volume is 1.14 Million shares.
The consensus among analysts is that Lithium Americas Corp. (LAC) is an Overweight stock at the moment, with a recommendation rating of 0. None of the analysts rate the stock as a Sell, while 1 rate it as Overweight. 1 out of 5 have rated it as a Hold, with 3 advising it as a Buy. None have rated the stock as Underweight.
Lithium Americas Corp. (NYSE:LAC) trade information
Sporting 8.04% in the green today, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Sep 15 when the LAC stock price touched $9.19-6 or saw a rise of 6.09%. Year-to-date, Lithium Americas Corp. shares have moved 172.24%, while the 5-day performance has seen it change 21.55%. Over the past 30 days, the shares of Lithium Americas Corp. (NYSE:LAC) have changed 9.24%. Short interest in the company has seen 4.41 Million shares shorted with days to cover at 3.87.
Wall Street analysts have a consensus price target for the stock at $10.36, which means that the shares’ value could jump 17.59% from current levels. The projected low price target is $3.68 while the price target rests at a high of $15. In that case, then, we find that the current price level is +70.26% off the targeted high while a plunge would see the stock lose -58.23% from current levels.
Lithium Americas Corp. (LAC) estimates and forecasts
Over the next 5 years, the company’s earnings are expected to increase by 0%.