Lightbridge Corporation (NASDAQ:LTBR) Posts Earnings Results

Lightbridge Corporation (NASDAQ:LTBR) posted its earnings results on Tuesday, August 8th. The energy company reported ($0.17) EPS for the quarter, Bloomberg Earnings reports. The company had revenue of $0.01 million during the quarter. Lightbridge Corporation had a negative net margin of 1,303.86% and a negative return on equity of 138.73%.

Shares of Lightbridge Corporation (NASDAQ:LTBR) traded down 0.97% on Friday, reaching $1.02. 19,663 shares of the company’s stock traded hands. Lightbridge Corporation has a 52 week low of $0.86 and a 52 week high of $2.99. The stock’s market capitalization is $10.95 million. The company has a 50 day moving average of $1.26 and a 200-day moving average of $1.34.

Separately, ValuEngine raised shares of Lightbridge Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th.

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An institutional investor recently raised its position in Lightbridge Corporation stock. Vanguard Group Inc. raised its position in Lightbridge Corporation (NASDAQ:LTBR) by 5.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 83,505 shares of the energy company’s stock after buying an additional 3,963 shares during the period. Vanguard Group Inc. owned about 0.84% of Lightbridge Corporation worth $144,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 2.21% of the company’s stock.

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.

Earnings History for Lightbridge Corporation (NASDAQ:LTBR)

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