Lightbridge (NASDAQ:LTBR - Get Free Report) released its quarterly earnings results on Wednesday. The energy company reported ($0.24) earnings per share (EPS) for the quarter, Zacks reports.
Lightbridge Trading Up 8.6 %
Shares of Lightbridge stock traded up $0.86 during trading on Friday, reaching $10.85. The company's stock had a trading volume of 2,630,024 shares, compared to its average volume of 3,351,401. The stock has a 50-day moving average price of $8.23 and a two-hundred day moving average price of $5.99. Lightbridge has a one year low of $2.21 and a one year high of $16.90. The stock has a market capitalization of $171.07 million, a P/E ratio of -14.47 and a beta of 2.26.
Insider Activity at Lightbridge
In other Lightbridge news, EVP Andrey Mushakov sold 30,000 shares of the business's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $14.58, for a total transaction of $437,400.00. Following the completion of the sale, the executive vice president now directly owns 159,893 shares of the company's stock, valued at approximately $2,331,239.94. The trade was a 15.80 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Larry Goldman sold 18,303 shares of the business's stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $14.09, for a total value of $257,889.27. Following the sale, the chief financial officer now directly owns 150,900 shares of the company's stock, valued at $2,126,181. This represents a 10.82 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 117,943 shares of company stock valued at $1,271,668 over the last ninety days. 6.50% of the stock is owned by insiders.
Lightbridge Company Profile
(
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Lightbridge Corporation, together with its subsidiaries, engages in developing nuclear fuel technology. It develops and commercializes metallic nuclear fuels. The company was formerly known as Thorium Power, Ltd. and changed its name to Lightbridge Corporation in September 2009. Lightbridge Corporation is headquartered in Reston, Virginia.
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