What Is The Performance Outlook For Lightbridge Corp (NASDAQ: LTBR) In The Coming Months?

In the last trading session, 7.49 million Lightbridge Corp (NASDAQ:LTBR) shares changed hands as the company’s beta touched 2.57. With the company’s per share price at $7.01 changed hands at $2.56 or 57.53% during last session, the market valuation stood at $102.35M. LTBR’s last price was a premium, traded about 18.69% off its 52-week high of $5.70. The share price had its 52-week low at $2.21, which suggests the last value was 68.47% up since then. When we look at Lightbridge Corp’s average trading volume, we note the 10-day average is 1.42 million shares, with the 3-month average coming to 230.05K.

Lightbridge Corp (NASDAQ:LTBR) trade information

Instantly LTBR was in green as seen at the end of in last trading. With action 121.14%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 118.38%, with the 5-day performance at 121.14% in the green. However, in the 30-day time frame, Lightbridge Corp (NASDAQ:LTBR) is 182.66% up. Looking at the short shares, we see there were 0.13 million shares sold at short interest cover period of 0.79 days.

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Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 40.19%.

LTBR Dividends

Lightbridge Corp is expected to release its next quarterly earnings report in November.

Lightbridge Corp (NASDAQ:LTBR)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 13.52% of Lightbridge Corp shares while 8.51% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 9.84%. There are 8.51% institutions holding the Lightbridge Corp stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 4.0893% of the shares, roughly 0.55 million LTBR shares worth $1.86 million.

GEODE CAPITAL MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 1.2418% or 0.17 million shares worth $0.56 million as of 2024-06-30.