A share price of Largo Inc [LGO] is currently trading at $1.35, up 9.76%. An important factor to consider is whether the stock is rising or falling in short-term value. The LGO shares have gain 13.45% over the last week, with a monthly amount glided 35.00%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Largo Inc [NASDAQ: LGO] stock has seen the most recent analyst activity on February 07, 2023, when Noble Capital Markets initiated its Outperform rating and assigned the stock a price target of $11. Previously, Morgan Stanley downgraded its rating to Equal-Weight on January 31, 2022.
Largo Inc experienced fluctuations in its stock price throughout the past year between $0.85 and $2.70. Currently, Wall Street analysts expect the stock to reach $3.1 within the next 12 months. Largo Inc [NASDAQ: LGO] shares were valued at $1.35 at the most recent close of the market. An investor can expect a potential return of 129.63% based on the average LGO price forecast.
Analyzing the LGO fundamentals
Trailing Twelve Months sales for Largo Inc [NASDAQ:LGO] were 111.88M which represents 11.23% growth. Gross Profit Margin for this corporation currently stands at -0.22% with Operating Profit Margin at -0.36%, Pretax Profit Margin comes in at -0.44%, and Net Profit Margin reading is -0.57%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is -0.41 and Total Capital is -0.25. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.81.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Largo Inc [NASDAQ:LGO] is 0.50. On the other hand, the Quick Ratio is 0.20, and the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 1.01, the price to book ratio is 0.66.
