Is Lineage Cell Therapeutics Inc (LCTX) Stock a Good Buy for Short-term Investors?

At the time of writing, Lineage Cell Therapeutics Inc [LCTX] stock is trading at $0.50, up 0.10%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The LCTX shares have lost -3.46% over the last week, with a monthly amount drifted -44.42%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Lineage Cell Therapeutics Inc [AMEX: LCTX] stock has seen the most recent analyst activity on August 20, 2024, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $4. Previously, Robert W. Baird started tracking the stock with Outperform rating on November 02, 2022, and set its price target to $5. On June 14, 2022, B. Riley Securities initiated with a Buy rating and assigned a price target of $4 on the stock. Noble Capital Markets started tracking the stock assigning a Outperform rating and suggested a price target of $8 on August 19, 2021. Cantor Fitzgerald initiated its recommendation with a Overweight and recommended $6 as its price target on March 31, 2021.

For the past year, the stock price of Lineage Cell Therapeutics Inc fluctuated between $0.48 and $1.61. Lineage Cell Therapeutics Inc [AMEX: LCTX] shares were valued at $0.50 at the most recent close of the market.

Analyzing the LCTX fundamentals

According to Lineage Cell Therapeutics Inc [AMEX:LCTX], the company’s sales were 8.72M for trailing twelve months, which represents an 203.29% jump. Gross Profit Margin for this corporation currently stands at 0.91% with Operating Profit Margin at -2.61%, Pretax Profit Margin comes in at -2.3%, and Net Profit Margin reading is -2.31%. To continue investigating profitability, this company’s Return on Assets is posted at -0.21, Equity is -0.3 and Total Capital is -0.27.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4924 points at the first support level, and at 0.4828 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5183, and for the 2nd resistance point, it is at 0.5346.

Ratios To Look Out For

It is important to note that Lineage Cell Therapeutics Inc [AMEX:LCTX] has a current ratio of 2.48. In addition, the Quick Ratio stands at 2.48 and the Cash Ratio stands at 2.0. Considering the valuation of this stock, the price to sales ratio is 12.69, the price to book ratio is 1.43.

Transactions by insiders

Recent insider trading involved Howe Jill Ann, Chief Financial Officer, that happened on Nov 26 ’24 when 15000.0 shares were purchased. General Counsel, Samuel George A. III completed a deal on Nov 26 ’24 to buy 15000.0 shares. Meanwhile, Director Mulroy Michael H. bought 40000.0 shares on Nov 22 ’24.

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