LTBR Stock Summary and Trading Ideas (Lightbridge | NASDAQ:LTBR)

Lightbridge Corp is a United States-based nuclear fuel technology company. The business activity of the firm is functioned through Nuclear Fuel Technology segment. The Nuclear Fuel Technology segment develops next generation nuclear fuel technology that increases the power output of commercial reactors and reduces the cost of generating electricity. Geographically, its operations are functioned through the region of Unites States.

Lightbridge trades on the NASDAQ stock market under the symbol LTBR.

As of December 13, 2024, LTBR stock price declined to $4.76 with 1,142,369 million shares trading.

LTBR has a beta of 2.89, meaning it tends to be more sensitive to market movements. LTBR has a correlation of 0.10 to the broad based SPY ETF.

LTBR has a market cap of $75.05 million. This is considered a Micro Cap stock.

In the last 3 years, LTBR traded as high as $14.20 and as low as $2.21.

The top ETF exchange traded funds that LTBR belongs to (by Net Assets): VTI, VXF, IWC, DFAS, CCSO.

LTBR has outperformed the market in the last year with a return of +37.2%, while the SPY ETF gained +29.9%. In the last 3 month period, LTBR beat the market returning +83.1%, while SPY returned +7.8%. However, in the most recent 2 weeks LTBR has underperformed the stock market by returning -27.2%, while SPY returned +0.3%.

LTBR support price is $4.82 and resistance is $5.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LTBR shares will trade within this expected range on the day.