Lithium Americas Corp (NewCo)’s recent filing unveils that its Sr VP, GC & Secretary GRANDY EDWARD unloaded Company’s shares for reported $62.0 on Apr 17 ’25. In the deal valued at $2.68 per share,23 shares were sold. As a result of this transaction, GRANDY EDWARD now holds 151,155 shares worth roughly $0.44 million.
Then, BROWN MICHAEL JOHN bought 1,000 shares, generating $2,710 in total proceeds. Upon buying the shares at $2.71, the Director now owns 5,101 shares.
A number of analysts have revised their coverage, including Wedbush’s analysts, who began to cover the stock in mid December with a ‘”a Neutral”‘ rating. National Bank Financial also remained covering LAC and has increased its forecast on October 17, 2024 with a “an Outperform” recommendation from previously “Sector perform” rating. Piper Sandler started covering the stock on July 29, 2024. It rated LAC as “a Neutral”.
Price Performance Review of LAC
On Monday, Lithium Americas Corp (NewCo) [NYSE:LAC] saw its stock jump 0.34% to $2.94. Over the last five days, the stock has gained 4.26%. Lithium Americas Corp (NewCo) shares have fallen nearly -1.01% since the year began. Nevertheless, the stocks have fallen -32.41% over the past one year. While a 52-week high of $5.20 was reached on 01/07/25, a 52-week low of $2.02 was recorded on 04/08/25. SMA at 50 days reached $2.80, while 200 days put it at $2.99.
Levels Of Support And Resistance For LAC Stock
The 24-hour chart illustrates a support level at 2.89, which if violated will result in even more drops to 2.83. On the upside, there is a resistance level at 2.99. A further resistance level may holdings at 3.04. The Relative Strength Index (RSI) on the 14-day chart is 56.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 20.69%. Stochastics %K at 77.60% indicates the stock is a holding.
