XTX Topco Ltd acquired a new position in shares of Lightbridge Co. (NASDAQ:LTBR – Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 12,094 shares of the energy company’s stock, valued at approximately $34,000. XTX Topco Ltd owned approximately 0.08% of Lightbridge at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp raised its stake in Lightbridge by 18.4% during the third quarter. State Street Corp now owns 38,579 shares of the energy company’s stock valued at $108,000 after purchasing an additional 6,000 shares in the last quarter. Verition Fund Management LLC bought a new stake in shares of Lightbridge in the 3rd quarter worth about $288,000. Finally, Capital Market Strategies LLC bought a new stake in shares of Lightbridge in the 3rd quarter worth about $39,000. 9.14% of the stock is currently owned by institutional investors.
Lightbridge Trading Up 2.9 %
Shares of NASDAQ:LTBR opened at $4.66 on Monday. The company has a market cap of $73.47 million, a price-to-earnings ratio of -6.21 and a beta of 2.14. Lightbridge Co. has a 12 month low of $2.21 and a 12 month high of $14.20. The company has a 50-day moving average price of $6.61 and a 200 day moving average price of $4.20.
About Lightbridge
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.
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