Lightbridge Co. (NASDAQ:LTBR - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $4.37 and traded as high as $6.85. Lightbridge shares last traded at $6.59, with a volume of 2,562,700 shares.
Lightbridge Trading Up 29.2 %
The firm has a fifty day moving average price of $6.46 and a 200 day moving average price of $4.37. The firm has a market cap of $103.90 million, a PE ratio of -8.79 and a beta of 2.19.
Institutional Trading of Lightbridge
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Capital Market Strategies LLC purchased a new position in Lightbridge in the third quarter worth approximately $39,000. Verition Fund Management LLC acquired a new position in shares of Lightbridge in the 3rd quarter valued at $288,000. State Street Corp grew its holdings in shares of Lightbridge by 18.4% during the 3rd quarter. State Street Corp now owns 38,579 shares of the energy company's stock worth $108,000 after purchasing an additional 6,000 shares during the period. XTX Topco Ltd acquired a new stake in shares of Lightbridge during the 3rd quarter worth about $34,000. Finally, Virtu Financial LLC raised its holdings in Lightbridge by 118.8% in the 3rd quarter. Virtu Financial LLC now owns 27,905 shares of the energy company's stock valued at $78,000 after buying an additional 15,150 shares during the period. Institutional investors and hedge funds own 9.14% of the company's stock.
About Lightbridge
(
Get Free Report)
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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