In the latest trading session, 0.5 million Lineage Cell Therapeutics Inc (AMEX:LCTX) shares changed hands as the company’s beta touched 1.35. With the company’s most recent per share price at $0.41 changed hands at -$0.02 or -4.53% at last look, the market valuation stands at $94.26M. LCTX’s current price is a discount, trading about -258.54% off its 52-week high of $1.47. The share price had its 52-week low at $0.40, which suggests the last value was 2.44% up since then. When we look at Lineage Cell Therapeutics Inc’s average trading volume, we note the 10-day average is 1.51 million shares, with the 3-month average coming to 1.57 million.
Lineage Cell Therapeutics Inc (AMEX:LCTX) trade information
Instantly LCTX was in red as seen in intraday trades today. With action -8.59%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -17.85%, with the 5-day performance at -8.59% in the red. However, in the 30-day time frame, Lineage Cell Therapeutics Inc (AMEX:LCTX) is -21.42% down. Looking at the short shares, we see there were 22.34 million shares sold at short interest cover period of 18.33 days.
Lineage Cell Therapeutics Inc (LCTX) estimates and forecasts
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.
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 5.0629% 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 INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF. With 4.42 shares estimated at $1.75 million under it, the former controlled 1.93% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 1.61% of the shares, roughly 3.67 shares worth around $1.45 million.
