Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Lithium Americas Corp (NewCo) shares valued at $62 were sold by GRANDY EDWARD on Apr 17 ’25. At $2.68 per share, GRANDY EDWARD sold 23 shares. The insider’s holdings dropped to 151,155 shares worth approximately $0.45 million following the completion of this transaction.
Also, BROWN MICHAEL JOHN purchased 1,000 shares, netting a total of over 2,710 in proceeds. Following the buying of shares at $2.71 each, the insider now holds 5,101 shares.
Analysts at Wedbush started covering the stock with ‘”a Neutral”‘ outlook in a report released in mid December. As of October 17, 2024, National Bank Financial has increased its “Sector perform” rating to a “an Outperform” for LAC. Earlier on July 29, 2024, Piper Sandler initiated its rating. Their recommendation was “a Neutral” for LAC stock.
Analyzing LAC Stock Performance
During the last five days, there has been a surge of approximately 9.63%. Over the course of the year, Lithium Americas Corp (NewCo) shares have dropped approximately -0.34%. Shares of the company reached a 52-week high of $3.60 on 01/07/25 and a 52-week low of $2.31 on 04/08/25. A 50-day SMA is recorded $2.82, while a 200-day SMA reached $2.99.
Support And Resistance Levels for Lithium Americas Corp (NewCo) (LAC)
According to the 24-hour chart, there is a support level at 2.83, which, if violated, would cause prices to drop to 2.71. In the upper region, resistance lies at 3.03. The next price resistance is at 3.10. RSI (Relative Strength Index) is 58.34 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.14, which suggests the price will decrease in the coming days. Percent R is at 1.52%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
