Lightbridge Corp (NASDAQ:LTBR) Could Grow By 51.71% Or More

In last trading session, Lightbridge Corp (NASDAQ:LTBR) saw 3.34 million shares changing hands with its beta currently measuring 2.56. Company’s recent per share price level of $4.87 trading at $1.28 or 35.65% at ring of the bell on the day assigns it a market valuation of $71.10M. That closing price of LTBR’s stock is at a discount of -5.95% from its 52-week high price of $5.16 and is indicating a premium of 54.62% from its 52-week low price of $2.21. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.35 million shares which gives us an average trading volume of 163.23K if we extend that period to 3-months.

Lightbridge Corp (NASDAQ:LTBR) trade information

Upright in the green during last session for gaining 35.65%, in the last five days LTBR remained trading in the green while hitting it’s week-highest on Wednesday, 10/16/24 when the stock touched $4.87 price level, adding 14.56% to its value on the day. Lightbridge Corp’s shares saw a change of 51.71% in year-to-date performance and have moved 63.97% in past 5-day. Lightbridge Corp (NASDAQ:LTBR) showed a performance of 97.17% in past 30-days. Number of shares sold short was 0.13 million shares which calculate 0.79 days to cover the short interests.

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

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 40.19% during past 5 years.

Lightbridge Corp (NASDAQ:LTBR)’s Major holders

Insiders are in possession of 13.52% of company’s total shares while institution are holding 8.51 percent of that, with stock having share float percentage of 9.84%. Investors also watch the number of corporate investors in a company very closely, which is 8.51% institutions for Lightbridge Corp that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at LTBR for having 0.55 million shares of worth $1.86 million. And as of 2024-06-30, it was holding 4.0893 of the company’s outstanding shares.

The second largest institutional holder is GEODE CAPITAL MANAGEMENT, LLC, which was holding about 0.17 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.2418 of outstanding shares, having a total worth of $0.56 million.