Largo (NYSE:LGO – Get Free Report)‘s stock had its “buy” rating reissued by analysts at HC Wainwright in a research report issued to clients and investors on Tuesday, Benzinga reports. They presently have a $4.40 target price on the stock. HC Wainwright’s price objective points to a potential upside of 132.80% from the company’s current price.
Largo Stock Down 0.5 %
Shares of LGO opened at $1.89 on Tuesday. The firm has a 50 day simple moving average of $1.87 and a two-hundred day simple moving average of $1.84. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.13 and a quick ratio of 1.23. Largo has a one year low of $1.38 and a one year high of $2.66. The company has a market cap of $121.10 million, a P/E ratio of -2.74 and a beta of 1.80.
Largo (NYSE:LGO – Get Free Report) last posted its quarterly earnings results on Thursday, August 8th. The company reported ($0.23) EPS for the quarter. The business had revenue of $28.56 million for the quarter. Largo had a negative return on equity of 21.87% and a negative net margin of 33.12%. Research analysts forecast that Largo will post -0.44 EPS for the current fiscal year.
Hedge Funds Weigh In On Largo
About Largo
Largo Inc engages in the development and sale of vanadium-based energy storage systems in Canada. The company operates through, Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy and Largo Physical Vanadium Segments. Its products include VPURE+ vanadium flakes that are used in the production of master alloys and aerospace applications; VPURE vanadium flakes ferrovanadium and vanadium carbon nitride for the steel industry; and VPURE+ vanadium powder for catalyst applications.
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