Lightbridge Corporation (NASDAQ:LTBR) Posts Quarterly Earnings Results
Lightbridge Corporation (NASDAQ:LTBR) posted its quarterly earnings data on Tuesday. The energy company reported ($0.17) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Lightbridge Corporation had a negative return on equity of 172.51% and a negative net margin of 1,063.92%.
Lightbridge Corporation (NASDAQ LTBR) traded up 3.57% during midday trading on Tuesday, hitting $1.16. The stock had a trading volume of 85,567 shares. Lightbridge Corporation has a one year low of $0.86 and a one year high of $3.46. The stock’s market cap is $11.50 million. The firm has a 50 day moving average price of $1.43 and a 200 day moving average price of $1.34.
Separately, ValuEngine upgraded Lightbridge Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, June 13th.
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Lightbridge Corporation Company Profile
Lightbridge Corporation is a nuclear fuel technology company. The Company participates in the nuclear power industry in the United States and internationally. Its segments include nuclear fuel technology business and nuclear energy consulting business. The nuclear fuel technology business develops next generation nuclear fuel technology that increases the power output of commercial reactors; generates nuclear energy and the amount of nuclear waste on a per-megawatt-hour basis, and enhances reactor safety and the proliferation resistance of spent fuel.
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