With 0.76 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.77 million shares. The 52-week range on LRMR shows that it touched its highest point at $13.07 and its lowest point at $3.01 during that stretch. It currently has a 1-year price target of $20.20. Beta for the stock currently stands at 0.95.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LRMR was up-trending over the past week, with a rise of 5.08%, but this was down by -0.90% over a month. Three-month performance dropped to -56.27% while six-month performance fell -56.39%. The stock lost -75.08% in the past year, while it has lost -14.47% so far this year. A look at the trailing 12-month EPS for LRMR yields -1.15 with Next year EPS estimates of -1.63. For the next quarter, that number is -0.32. This implies an EPS growth rate of -43.91% for this year and -35.18% for next year.
Float and Shares Shorts:
At present, 63.81 million LRMR shares are outstanding with a float of 36.45 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LRMR since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.1668 being high and -$1.26141 being low. For LRMR, this leads to a yearly average estimate of -$1.20885. Based on analyst estimates, the high estimate for the next quarter is -$0.3 and the low estimate is -$0.5. The average estimate for the next quarter is thus -$0.37.
