Lightbridge Corp (LTBR) Investors Will See A Big Return Again

Lightbridge Corp (NASDAQ:LTBR) has a beta value of 2.23 and has seen 3.81 million shares traded in the last trading session. The company, currently valued at $78.71M, closed the last trade at $7.24 per share which meant it lost -$2.48 on the day or -25.51% during that session. The LTBR stock price is -96.13% off its 52-week high price of $14.20 and 69.48% above the 52-week low of $2.21. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.77 million shares traded. The 3-month trading volume is 1.16 million shares.

Lightbridge Corp (NASDAQ:LTBR) trade information

Sporting -25.51% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the LTBR stock price touched $7.24 or saw a rise of 49.01%. Year-to-date, Lightbridge Corp shares have moved 125.55%, while the 5-day performance has seen it change -1.50%. Over the past 30 days, the shares of Lightbridge Corp (NASDAQ:LTBR) have changed 124.84%. Short interest in the company has seen 0.11 million shares shorted with days to cover at 0.4.

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Lightbridge Corp (LTBR) estimates and forecasts

The company’s shares have gained 182.81% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 40.19% over the past 5 years.

LTBR Dividends

Lightbridge Corp is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Lightbridge Corp (NASDAQ:LTBR)’s Major holders

Insiders own 12.92% of the company shares, while shares held by institutions stand at 8.13% with a share float percentage of 9.34%. Investors are also buoyed by the number of investors in a company, with Lightbridge Corp having a total of 35.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 0.55 million shares worth more than $1.86 million. As of 2024-06-30, VANGUARD GROUP INC held 4.0893% of shares outstanding.

The other major institutional holder is GEODE CAPITAL MANAGEMENT, LLC, with the holding of over 0.17 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.56 million and represent 1.2418% of shares outstanding.