Now Is A Good Time To Buy Lightbridge Corp (NASDAQ: LTBR)

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During the last session, Lightbridge Corp (NASDAQ:LTBR)’s traded shares were 2.07 million, with the beta value of the company hitting 2.22. At the end of the trading day, the stock’s price was $6.81, reflecting an intraday gain of 6.24% or $0.4. The 52-week high for the LTBR share is $14.20, that puts it down -108.52 from that peak though still a striking 67.55% gain since the share price plummeted to a 52-week low of $2.21. The company’s market capitalization is $107.38M, and the average intraday trading volume over the past 10 days was 1.54 million shares, and the average trade volume was 1.52 million shares over the past three months.

Lightbridge Corp (NASDAQ:LTBR) trade information

Lightbridge Corp (LTBR) registered a 6.24% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 6.24% in intraday trading to $6.81, hitting a weekly high. The stock’s 5-day price performance is -7.09%, and it has moved by 0.44% in 30 days. Based on these gigs, the overall price performance for the year is 94.57%. The short interest in Lightbridge Corp (NASDAQ:LTBR) is 1.31 million shares and it means that shorts have 0.45 day(s) to cover.

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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 12.51% of total outstanding shares while institutional holders control 9.31%, with the float percentage being 10.64%. VANGUARD GROUP INC is the largest shareholder of the company, while 39.0 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.