Analyst Expects Lineage Cell Therapeutics Inc (AMEX: LCTX) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

Stocks Info

As a AMEX listed company, LCTX falls under the Healthcare sector while operating within the Biotechnology industry segment. The current market capitalization of Lineage Cell Therapeutics Inc is $135.55M. A total of 0.77 million shares were traded on the day, compared to an average of 2.49M shares.

In the most recent transaction, Howe Jill Ann bought 15,000 shares of LCTX for 0.59 per share on Nov 26 ’24. After the transaction, the Chief Financial Officer now owns 25,500 company shares. In a previous transaction on Nov 26 ’24, Samuel George A. III bought 15,000 shares at 0.60 per share. LCTX shares that General Counsel owns now total 22,184.

Among the insiders who bought shares, Mulroy Michael H. acquired of 40,000 shares on Nov 22 ’24 at a per-share price of $0.57. This resulted in the Director holding 298,555 shares of LCTX after the transaction. In another insider transaction, Culley Brian M bought 40,000 shares at $0.60 per share on Nov 21 ’24. Company shares held by the President and CEO now total 194,842.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, LCTX has a high of $1.61 and a low of $0.48.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. LCTX’s latest balance sheet shows that the firm has $58.36M in Cash & Short Term Investments as of fiscal 2021. There were $2.80M in debt and $47.12M in liabilities at the time. Its Book Value Per Share was $0.35, while its Total Shareholder’s Equity was $90.90M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LCTX is Buy with a score of 4.67.

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