Currently, there are 36.88M common shares owned by the public and among those 30.42M shares have been available to trade.
Insiders at the company have transacted a total of 29 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 22 of these insider trades were purchases, accounting for 198,541 shares. Insider sales of the common stock occurred on 7 occasions, with total insider shares sold totaling 29,302 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The company’s stock has a 5-day price change of 8.93% and -13.21% over the past three months. LTRX shares are trading -27.13% year to date (YTD), with the 12-month market performance down to -19.43% lower. It has a 12-month low price of $3.52 and touched a high of $6.95 over the same period. LTRX has an average intraday trading volume of 258.43K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -25.85%, -27.56%, and -11.39% respectively.
Institutional ownership of Lantronix Inc (NASDAQ: LTRX) shares accounts for 42.92% of the company’s 36.88M shares outstanding.
It has a market capitalization of $160.04M and a beta (3y monthly) value of 2.19. The earnings-per-share (ttm) stands at -$0.25. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.94% over the week and 6.72% over the month.
Analysts forecast that Lantronix Inc (LTRX) will achieve an EPS of $TRX Gold Corporation for the current quarter, $0.34 for the next quarter and $Stocks for Type. The lowest estimate earnings-per-share for the quarter is $Lantronix, Inc. while analysts give the company a high EPS estimate of $Quanterix Corporation. Comparatively, EPS for the current quarter was $Lottery.com, Inc. a year ago. Earnings per share for the fiscal year are expected to increase by 72.17%, and 21.21% over the next financial year.
Looking at the support for the LTRX, a number of firms have released research notes about the stock. Needham stated their Buy rating for the stock in a research note on February 09, 2024, with the firm’s price target at $8.50-$7.
