Largo (NYSE:LGO – Free Report) had its price objective decreased by HC Wainwright from $4.80 to $4.70 in a report issued on Thursday morning, Benzinga reports. HC Wainwright currently has a buy rating on the stock.
Largo Price Performance
Shares of Largo stock opened at $2.05 on Thursday. The firm has a market capitalization of $131.35 million, a PE ratio of -2.97 and a beta of 1.80. The company has a current ratio of 2.58, a quick ratio of 1.50 and a debt-to-equity ratio of 0.30. Largo has a 12 month low of $1.38 and a 12 month high of $4.76. The business’s 50-day moving average price is $1.90 and its 200-day moving average price is $1.85.
Largo (NYSE:LGO – Get Free Report) last issued its earnings results on Wednesday, May 15th. The company reported ($0.20) earnings per share (EPS) for the quarter. The firm had revenue of $42.19 million during the quarter. Largo had a negative return on equity of 17.01% and a negative net margin of 24.05%. Sell-side analysts forecast that Largo will post -0.22 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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