The stock of Lineage Inc (LINE) has gone up by 0.20% for the week, with a -7.51% drop in the past month and a -23.55% drop in the past quarter. The volatility ratio for the week is 1.94%, and the volatility levels for the past 30 days are 2.54% for LINE. The simple moving average for the past 20 days is -3.27% for LINE’s stock, with a -21.38% simple moving average for the past 200 days.
Is It Worth Investing in Lineage Inc (NASDAQ: LINE) Right Now?
Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 6 as “overweight,” 6 as “hold,” and 0 as “sell.”
The public float for LINE is 69.55M, and currently, short sellers hold a 4.60% ratio of that floaft. The average trading volume of LINE on December 31, 2024 was 1.04M shares.
LINE) stock’s latest price update
The stock price of Lineage Inc (NASDAQ: LINE) has plunged by -0.17 when compared to previous closing price of 58.76, but the company has seen a 0.20% gain in its stock price over the last five trading sessions. investopedia.com reported 2024-12-30 that This has been the best year for U.S. initial public offering activity since the last peak in 2021. Next year could be even better.
Analysts’ Opinion of LINE
Many brokerage firms have already submitted their reports for LINE stocks, with JP Morgan repeating the rating for LINE by listing it as a “Neutral.” The predicted price for LINE in the upcoming period, according to JP Morgan is $75 based on the research report published on December 20, 2024 of the current year 2024.
CapitalOne, on the other hand, stated in their research note that they expect to see LINE reach a price target of $91. The rating they have provided for LINE stocks is “Overweight” according to the report published on September 18th, 2024.
CapitalOne gave a rating of “Overweight” to LINE, setting the target price at $91 in the report published on September 16th of the current year.
LINE Trading at -10.77% from the 50-Day Moving Average
After a stumble in the market that brought LINE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.71% of loss for the given period.
Volatility was left at 2.54%, however, over the last 30 days, the volatility rate increased by 1.94%, as shares sank -6.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -23.97% lower at present.
During the last 5 trading sessions, LINE rose by +0.73%, in comparison to the 20-day moving average, which settled at $60.66. In addition, Lineage Inc saw -27.38% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LINE starting from Falotico Nancy Joy, who purchase 1,300 shares at the price of $78.00 back on Jul 26 ’24. After this action, Falotico Nancy Joy now owns 2,452 shares of Lineage Inc, valued at $101,400 using the latest closing price.
Wentworth Lynn A, the Director of Lineage Inc, purchase 3,100 shares at $78.00 during a trade that took place back on Jul 26 ’24, which means that Wentworth Lynn A is holding 4,910 shares at $241,800 based on the most recent closing price.
Stock Fundamentals for LINE
Current profitability levels for the company are sitting at:
- -0.16 for the present operating margin
- 0.27 for the gross margin
The net margin for Lineage Inc stands at -0.18. The total capital return value is set at -0.05.
Based on Lineage Inc (LINE), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at 0.14. The debt to equity ratio resting at 0.55. The interest coverage ratio of the stock is -2.32.
Currently, EBITDA for the company is 452.0 million with net debt to EBITDA at -201.13. When we switch over and look at the enterprise to sales, we see a ratio of 3.74. The receivables turnover for the company is 5.92for trailing twelve months and the total asset turnover is 0.28.
Conclusion
In a nutshell, Lineage Inc (LINE) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
