LeddarTech Holdings Inc (NASDAQ:LDTC) Currently -3600.0% Below Its 52-Week High, But There May Be A Surprise Downside

In last trading session, LeddarTech Holdings Inc (NASDAQ:LDTC) saw 1.04 million shares changing hands with its beta currently measuring -0.17. Company’s recent per share price level of $0.27 trading at -$0.05 or -15.81% at ring of the bell on the day assigns it a market valuation of $8.33M. That closing price of LDTC’s stock is at a discount of -3600.0% from its 52-week high price of $9.99 and is indicating a premium of 18.52% from its 52-week low price of $0.22. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.24 million shares which gives us an average trading volume of 257.65K if we extend that period to 3-months.

For LeddarTech Holdings Inc (LDTC), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

LeddarTech Holdings Inc (NASDAQ:LDTC) trade information

Upright in the red during last session for losing -15.81%, in the last five days LDTC remained trading in the red while hitting it’s week-highest on Tuesday, 11/26/24 when the stock touched $0.27 price level, adding 28.91% to its value on the day. LeddarTech Holdings Inc’s shares saw a change of -89.43% in year-to-date performance and have moved -9.85% in past 5-day. LeddarTech Holdings Inc (NASDAQ:LDTC) showed a performance of 0.71% in past 30-days. Number of shares sold short was 26599.0 shares which calculate 0.18 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 1 to the stock, which implies a rise of 73.0% to its current value. Analysts have been projecting 1 as a low price target for the stock while placing it at a high target of 1. It follows that stock’s current price would drop -270.37% in reaching the projected high whereas dropping to the targeted low would mean a loss of -270.37% for stock’s current value.