The stock of LeddarTech Holdings Inc (LDTC) has gone up by 20.05% for the week, with a 18.63% rise in the past month and a -42.25% drop in the past quarter. The volatility ratio for the week is 14.80%, and the volatility levels for the past 30 days are 11.36% for LDTC. The simple moving average for the past 20 days is 15.48% for LDTC’s stock, with a -81.02% simple moving average for the past 200 days.
Is It Worth Investing in LeddarTech Holdings Inc (NASDAQ: LDTC) Right Now?
LDTC has 36-month beta value of -0.24. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for LDTC is 8.19M, and currently, short sellers hold a 0.30% ratio of that float. The average trading volume of LDTC on November 13, 2024 was 235.46K shares.
LDTC) stock’s latest price update
LeddarTech Holdings Inc (NASDAQ: LDTC)’s stock price has soared by 9.45 in relation to previous closing price of 0.29. Nevertheless, the company has seen a gain of 20.05% 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 2.45% 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 -96.88% of loss for the given period.
Volatility was left at 11.36%, however, over the last 30 days, the volatility rate increased by 14.80%, as shares surge +21.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.09% lower at present.
During the last 5 trading sessions, LDTC rose by +20.05%, which changed the moving average for the period of 200-days by -92.02% in comparison to the 20-day moving average, which settled at $0.2702. In addition, LeddarTech Holdings Inc saw -87.84% 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 -3.55. When we switch over and look at the enterprise to sales, we see a ratio of 11.88. 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
To put it simply, LeddarTech Holdings Inc (LDTC) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as 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.
