In the last trading session, 2.85 million Lineage Cell Therapeutics Inc (AMEX:LCTX) shares changed hands as the company’s beta touched 1.27. With the company’s per share price at $0.50 changed hands at -$0.02 or -3.85% during last session, the market valuation stood at $114.18M. LCTX’s last price was a discount, traded about -222.0% off its 52-week high of $1.61. The share price had its 52-week low at $0.48, which suggests the last value was 4.0% up since then. When we look at Lineage Cell Therapeutics Inc’s average trading volume, we note the 10-day average is 1.68 million shares, with the 3-month average coming to 1.77 million.
Lineage Cell Therapeutics Inc (AMEX:LCTX) trade information
Instantly LCTX was in red as seen at the end of in last trading. With action -5.84%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -0.50%, with the 5-day performance at -5.84% in the red. However, in the 30-day time frame, Lineage Cell Therapeutics Inc (AMEX:LCTX) is -27.01% down. Looking at the short shares, we see there were 22.03 million shares sold at short interest cover period of 18.69 days.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -2.93%. The 2025 estimates are for Lineage Cell Therapeutics Inc earnings to decrease by -4.76%, but the outlook for the next 5-year period is at -0.00% per year.
LCTX Dividends
Lineage Cell Therapeutics Inc is expected to release its next quarterly earnings report on 2025-Mar-09.
Lineage Cell Therapeutics Inc (AMEX:LCTX)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.55% of Lineage Cell Therapeutics Inc shares while 53.91% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 54.20%. There are 53.91% institutions holding the Lineage Cell Therapeutics Inc stock share, with BROADWOOD CAPITAL INC the top institutional holder. As of 2024-06-30, the company held 22.0675% of the shares, roughly 41.67 million LCTX shares worth $41.55 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 5.2264% or 9.56 million shares worth $9.53 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 4.42 shares estimated at $2.21 million under it, the former controlled 1.93% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 1.69% of the shares, roughly 3.87 shares worth around $1.93 million.
