Now Is The Time To Build A Position In Lightbridge Corp (NASDAQ:LTBR)

In the latest trading session, 0.61 million Lightbridge Corp (NASDAQ:LTBR) shares changed hands as the company’s beta touched 2.16. With the company’s most recent per share price at $6.08 changed hands at -$0.46 or -7.05% at last look, the market valuation stands at $109.02M. LTBR’s current price is a discount, trading about -133.55% off its 52-week high of $14.20. The share price had its 52-week low at $2.21, which suggests the last value was 63.65% up since then. When we look at Lightbridge Corp’s average trading volume, we note the 10-day average is 1.41 million shares, with the 3-month average coming to 1.67 million.

Lightbridge Corp (NASDAQ:LTBR) trade information

Instantly LTBR was in red as seen in intraday trades today. With action -3.51%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 89.37%, with the 5-day performance at -3.51% in the red. However, in the 30-day time frame, Lightbridge Corp (NASDAQ:LTBR) is -37.46% down. Looking at the short shares, we see there were 1.58 million shares sold at short interest cover period of 0.43 days.

Lightbridge Corp (NASDAQ:LTBR)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 12.23% of Lightbridge Corp shares while 9.31% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 10.60%. There are 9.31% 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.