14,000 Shares in Lightbridge Co. (NASDAQ:LTBR) Purchased by Capital Market Strategies LLC

Capital Market Strategies LLC purchased a new stake in shares of Lightbridge Co. (NASDAQ:LTBR) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor purchased 14,000 shares of the energy company’s stock, valued at approximately $39,000.

Separately, Founders Financial Securities LLC bought a new position in shares of Lightbridge during the first quarter valued at approximately $44,000. 9.14% of the stock is owned by hedge funds and other institutional investors.

Lightbridge Stock Performance

Shares of LTBR stock opened at $3.22 on Friday. The stock has a 50 day moving average price of $2.64 and a 200 day moving average price of $2.81. The firm has a market capitalization of $47.01 million, a P/E ratio of -4.74 and a beta of 2.54. Lightbridge Co. has a 52-week low of $2.21 and a 52-week high of $5.16.

Lightbridge (NASDAQ:LTBR) last released its earnings results on Wednesday, July 31st. The energy company reported ($0.17) earnings per share for the quarter.

Lightbridge Company Profile

Lightbridge Corporation, together with its subsidiaries, engages in developing nuclear fuel technology. It develops and commercializes metallic nuclear fuels. The company was formerly known as Thorium Power, Ltd. and changed its name to Lightbridge Corporation in September 2009. Lightbridge Corporation is headquartered in Reston, Virginia.