Stifel rated the Lithium Americas Corp. (NYSE: LAC) stock “a Buy” and gave the company’s common stock a price target of $13.25. Stifel’s estimates were contained in a research note released on Wednesday, December 23, 2020. Several other experts on Wall Street have posted such reports regarding the LAC shares.According to ROTH Capital, the stock is “a Neutral,” and set its price target at $13.50. ROTH Capital published their figures in a research note released to investors on Wednesday, October 21, 2020. Other experts at ROTH Capital have the stock’s price target at $9.50 price; with their rating of the stock is “a Buy.” These scores were published in a research note the firm released on Thursday, May 03, 2018.
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Wall Street analysts tracking the Lithium Americas Corp. (NYSE: LAC) stock on daily basis. Out of 7 analysts, 4 deeming the stock a Buy and 1 gave it a rating of OVERWEIGHT. Another 2 recommended that LAC is a HOLD, while 0 rated it UNDERWEIGHT and the same number recommended SELL.
The stock market has more often than not ended up being extremely baffling, catching even some of the more experienced traders by surprise. It happens that even when results are as projected, the market sometimes just takes a sudden turn towards the opposite direction. Often such events lead to doubt and much speculation. At such time, it may pay to keep tabs on a stock’s historical price performance. Useful also would be knowledge of the stock’s trends, both the short term and long-term. Lithium Americas Corp. (NYSE: LAC) share prices have increased by 30.33% over the past week, but are up 50.00% over prices posted in the last quarter. Going further back, the stock’s price has tanked 274.85% over the last 6 months but is up 52.03% in year-to-date trading.
A recent spot check on the stock’s support and resistance revealed that the publicly-traded Lithium Americas Corp. (NYSE: LAC) shares are trading at a price close to -4.36% lower than its 90-day high. On the other hand, the stock is +113.18% away from its low in the 90-day period. More broadly, LAC’s current price is -4.36% away from 52-week high. The price is 893.75% above from its 52-week low.
Focusing on the company’s market volatility shows that it has a 1-Week Volatility index of 13.23%, and 10.23% for the month. This stock’s Average True Range (ATR) currently stands at 1.38. The indicator of Volatility helps exhibit the extent to which a stock is likely to plummet or climb when the rest of the market also dips or surges. If a stock has a beta score above 1, then its rate of volatility is high. Figures lower than 1, therefore, means that the stock’s volatility at that particular moment is low.
Shares of the Lithium Americas Corp. (NYSE: LAC) gained by $0.5 during Tuesday’s regular trading session to climb to $19.08. The company had a daily trading volume of 4.79 million shares, lower than its average intra-day trading volumes of about 4.82M shares.