The stock of LeddarTech Holdings Inc (LDTC) has seen a 19.88% increase in the past week, with a 12.25% gain in the past month, and a -45.51% decrease in the past quarter. The volatility ratio for the week is 15.55%, and the volatility levels for the past 30 days are at 11.27% for LDTC. The simple moving average for the last 20 days is 12.98% for LDTC’s stock, with a simple moving average of -82.35% for the last 200 days.
Is It Worth Investing in LeddarTech Holdings Inc (NASDAQ: LDTC) Right Now?
The 36-month beta value for LDTC is at -0.31. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for LDTC is 8.19M, and currently, shorts hold a 0.44% of that float. The average trading volume for LDTC on November 08, 2024 was 218.55K shares.
LDTC) stock’s latest price update
LeddarTech Holdings Inc (NASDAQ: LDTC)’s stock price has soared by 21.14 in relation to previous closing price of 0.25. Nevertheless, the company has seen a gain of 19.88% in its stock price over the last five trading days. globenewswire.com reported 2024-10-15 that QUEBEC CITY, Canada, Oct. 15, 2024 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, announced today that the Company received the second tranche of the bridge loans (the “Bridge Loans”) in an aggregate amount of US$3.0 million, which are part of a bridge financing in an aggregate amount of up to US$9.0 million (the “Bridge Financing”) made available to the Company by certain of its principal shareholders, namely FS Investors (“FS”), Investissement Québec (“IQ”) and its senior lender, Fédération des caisses Desjardins du Québec (“Desjardins” and, together with FS and IQ, the “Initial Bridge Lenders”). The principal details of the Bridge Financing were announced by the Company on August 19, 2024.
Analysts’ Opinion of LDTC
Many brokerage firms have already submitted their reports for LDTC stocks, with ROTH MKM repeating the rating for LDTC by listing it as a “Buy.” The predicted price for LDTC in the upcoming period, according to ROTH MKM is $7 based on the research report published on February 06, 2024 of the current year 2024.
LDTC Trading at -4.29% from the 50-Day Moving Average
After a stumble in the market that brought LDTC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -97.00% of loss for the given period.
Volatility was left at 11.27%, however, over the last 30 days, the volatility rate increased by 15.55%, as shares surge +17.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.48% lower at present.
During the last 5 trading sessions, LDTC rose by +19.88%, which changed the moving average for the period of 200-days by -92.85% in comparison to the 20-day moving average, which settled at $0.2653. In addition, LeddarTech Holdings Inc saw -88.32% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for LDTC
Current profitability levels for the company are sitting at:
- -2.97 for the present operating margin
- 0.39 for the gross margin
The net margin for LeddarTech Holdings Inc stands at -8.73. The total capital return value is set at -0.32. Equity return is now at value -0.41, with -0.38 for asset returns.
Based on LeddarTech Holdings Inc (LDTC), the company’s capital structure generated 1.17 points at debt to capital in total, while cash flow to debt ratio is standing at -0.38. The debt to equity ratio resting at -6.87. The interest coverage ratio of the stock is -4.41.
Currently, EBITDA for the company is -29.31 million with net debt to EBITDA at -3.43. When we switch over and look at the enterprise to sales, we see a ratio of 11.46. The receivables turnover for the company is 4.75for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.74.
Conclusion
In conclusion, LeddarTech Holdings Inc (LDTC) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.