Lightbridge (NASDAQ:LTBR) Shares Down 7.8% – Time to Sell?

Lightbridge Corporation (NASDAQ:LTBR)’s share price fell 7.8% on Monday . The stock traded as low as $16.37 and last traded at $16.24. 802,252 shares changed hands during trading, a decline of 23% from the average session volume of 1,039,808 shares. The stock had previously closed at $17.62.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lightbridge in a research report on Thursday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has an average rating of “Sell”.

Lightbridge Stock Down 9.3%

The stock has a market cap of $521.11 million, a P/E ratio of -19.97 and a beta of 1.84. The business has a 50 day moving average price of $15.64 and a 200 day moving average price of $17.25.

Lightbridge (NASDAQ:LTBR) last released its quarterly earnings data on Wednesday, November 5th. The energy company reported ($0.16) earnings per share for the quarter.

Insider Buying and Selling at Lightbridge

In other Lightbridge news, Director Sweta Chakraborty sold 1,947 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $12.88, for a total transaction of $25,077.36. Following the sale, the director owned 39,606 shares in the company, valued at approximately $510,125.28. The trade was a 4.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 8,537 shares of company stock worth $151,380 over the last 90 days. 5.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Lightbridge

Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Lightbridge by 19.0% during the 3rd quarter. Vanguard Group Inc. now owns 1,487,461 shares of the energy company’s stock valued at $31,549,000 after acquiring an additional 237,378 shares in the last quarter. Exchange Traded Concepts LLC boosted its holdings in shares of Lightbridge by 16.1% during the 4th quarter. Exchange Traded Concepts LLC now owns 828,550 shares of the energy company’s stock worth $10,473,000 after purchasing an additional 114,808 shares during the last quarter. Two Sigma Investments LP grew its position in shares of Lightbridge by 93.1% in the third quarter. Two Sigma Investments LP now owns 592,030 shares of the energy company’s stock valued at $12,557,000 after purchasing an additional 285,471 shares in the last quarter. UBS Group AG grew its position in shares of Lightbridge by 62.4% in the third quarter. UBS Group AG now owns 579,011 shares of the energy company’s stock valued at $12,281,000 after purchasing an additional 222,402 shares in the last quarter. Finally, Ameriprise Financial Inc. acquired a new stake in shares of Lightbridge in the third quarter valued at approximately $11,952,000. 9.14% of the stock is currently owned by institutional investors and hedge funds.

Lightbridge Company Profile

Lightbridge Corporation is a nuclear energy technology company focused on developing advanced nuclear fuel designs to enhance the safety, efficiency and economic performance of existing and new nuclear power reactors. The company’s core technology centers on a patented metallic fuel system that replaces conventional uranium oxide fuel pellets with a uranium-zirconium alloy, configured in a helical rod design. This proprietary fuel form is intended to enable higher burnup rates, reduced fuel cycle costs and improved thermal conductivity, thereby addressing key challenges in the global nuclear industry.

Since its inception, Lightbridge has conducted extensive research and development in collaboration with national laboratories, regulatory agencies and reactor operators.