During the last session, Lineage Cell Therapeutics Inc (AMEX:LCTX)’s traded shares were 0.31 million, with the beta value of the company hitting 1.39. At the end of the trading day, the stock’s price was $1.14, reflecting an intraday gain of 2.70% or $0.03. The 52-week high for the LCTX share is $1.61, that puts it down -41.23 from that peak though still a striking 26.32% gain since the share price plummeted to a 52-week low of $0.84. The company’s market capitalization is $214.92M, and the average trade volume was 955.99K shares over the past three months.
Lineage Cell Therapeutics Inc (AMEX:LCTX) trade information
Lineage Cell Therapeutics Inc (LCTX) registered a 2.70% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.70% in intraday trading to $1.14, hitting a weekly high. The stock’s 5-day price performance is -0.87%, and it has moved by -18.57% in 30 days. Based on these gigs, the overall price performance for the year is -15.56%.
Lineage Cell Therapeutics Inc (LCTX) estimates and forecasts
Statistics show that Lineage Cell Therapeutics Inc has underperformed its competitors in share price, compared to the industry in which it operates. Lineage Cell Therapeutics Inc (LCTX) shares have gone up 0.88% during the last six months, with a year-to-date growth rate less than the industry average at -33.33% against 12.90. In the rating firms’ projections, revenue will increase 95.40% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.36M as predicted by 6 analyst(s). Meanwhile, a consensus of 6 analyst(s) estimates revenue growth to 1.12M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 2.01M and 3.23M respectively. In this case, analysts expect current quarter sales to shrink by -32.30% and then drop by -65.30% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 19.25%. While earnings are projected to return 5.56% in 2024.
LCTX Dividends
Lineage Cell Therapeutics Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
