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

In the last trading session, 1.59 million Lightbridge Corp (NASDAQ:LTBR) shares changed hands as the company’s beta touched 1.79. With the company’s per share price at $6.82 changed hands at -$0.64 or -8.58% during last session, the market valuation stood at $142.44M. LTBR’s last price was a discount, traded about -147.8% off its 52-week high of $16.90. The share price had its 52-week low at $2.21, which suggests the last value was 67.6% up since then. When we look at Lightbridge Corp’s average trading volume, we note the 10-day average is 1.18 million shares, with the 3-month average coming to 2.65 million.

Lightbridge Corp (NASDAQ:LTBR) trade information

Instantly LTBR was in red as seen at the end of in last trading. With action -5.15%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 44.19%, with the 5-day performance at -5.15% in the red. However, in the 30-day time frame, Lightbridge Corp (NASDAQ:LTBR) is -25.63% down. Looking at the short shares, we see there were 2.43 million shares sold at short interest cover period of 1.03 days.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 25.98%.

LTBR Dividends

Lightbridge Corp is expected to release its next quarterly earnings report in May.

Lightbridge Corp (NASDAQ:LTBR)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 10.57% of Lightbridge Corp shares while 10.75% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 12.02%. There are 10.75% 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 1.2027% or 0.17 million shares worth $0.56 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 VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund . With 383.95 shares estimated at $2.62 million under it, the former controlled 1.84% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held about 1.00% of the shares, roughly 209.62 shares worth around $1.43 million.