ValuEngine upgraded shares of Lightbridge Corporation (NASDAQ:LTBR) from a sell rating to a hold rating in a research report sent to investors on Tuesday, June 13th.
Lightbridge Corporation (NASDAQ:LTBR) traded down 2.94% during mid-day trading on Tuesday, hitting $1.32. 127,546 shares of the stock were exchanged. The company’s 50-day moving average price is $1.82 and its 200 day moving average price is $1.30. Lightbridge Corporation has a 52 week low of $0.86 and a 52 week high of $3.65. The firm’s market capitalization is $13.08 million.
Lightbridge Corporation (NASDAQ:LTBR) last issued its earnings results on Tuesday, May 9th. The energy company reported ($0.20) EPS for the quarter. The company had revenue of $0.14 million during the quarter. Lightbridge Corporation had a negative return on equity of 172.51% and a negative net margin of 1,063.92%. Equities research analysts expect that Lightbridge Corporation will post ($0.23) EPS for the current year.
About Lightbridge Corporation
Lightbridge Corporation is a nuclear fuel technology company. The Company participates in the nuclear power industry in the United States and internationally. Its segments include nuclear fuel technology business and nuclear energy consulting business. The nuclear fuel technology business develops next generation nuclear fuel technology that increases the power output of commercial reactors; generates nuclear energy and the amount of nuclear waste on a per-megawatt-hour basis, and enhances reactor safety and the proliferation resistance of spent fuel.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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