Lightbridge Corp (NASDAQ: LTBR) At $9.72 Is Worth A Gamble

During the last session, Lightbridge Corp (NASDAQ:LTBR)’s traded shares were 3.23 million, with the beta value of the company hitting 2.51. At the end of the trading day, the stock’s price was $9.72, reflecting an intraday loss of -9.50% or -$1.02. The 52-week high for the LTBR share is $14.20, that puts it down -46.09 from that peak though still a striking 77.26% gain since the share price plummeted to a 52-week low of $2.21. The company’s market capitalization is $141.87M, and the average intraday trading volume over the past 10 days was 6.16 million shares, and the average trade volume was 1.11 million shares over the past three months.

Lightbridge Corp (NASDAQ:LTBR) trade information

Lightbridge Corp (LTBR) registered a -9.50% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -9.50% in intraday trading to $9.72, hitting a weekly high. The stock’s 5-day price performance is 63.91%, and it has moved by 254.74% in 30 days. Based on these gigs, the overall price performance for the year is 126.05%. The short interest in Lightbridge Corp (NASDAQ:LTBR) is 0.11 million shares and it means that shorts have 0.4 day(s) to cover.

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

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 40.19%.

LTBR Dividends

Lightbridge Corp is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Lightbridge Corp (NASDAQ:LTBR)’s Major holders

Lightbridge Corp insiders own 13.52% of total outstanding shares while institutional holders control 8.51%, with the float percentage being 9.84%. VANGUARD GROUP INC is the largest shareholder of the company, while 35.0 institutions own stock in it. As of 2024-06-30, the company held over 0.55 million shares (or 4.0893% of all shares), a total value of $1.86 million in shares.

The next largest institutional holding, with 0.17 million shares, is of GEODE CAPITAL MANAGEMENT, LLC’s that is approximately 1.2418% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.56 million.