Lite Strategy Inc (LITS) saw an uptrend of 4.03% in the recent trading with $1.55 being its most recent. The current price level -82.78% lower than the highest price of $9.00 marked by the stock while trading over the past 52-weeks, whereas it is 19.23% higher than the lowest price of $1.30 the company dropped to over past 52-weeks. The latest news story on LITS appeared in (GlobeNewswire) under the title “Lite Strategy Reports First Quarter Fiscal Year 2026 Results; Highlights Successful Launch of $100M Litecoin Treasury Strategy and Movement into Active Capital Market Operations”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.33 for the stock.
Lite Strategy Inc Earnings – What Happened With LITS
Coming around sales and income figures on LITS Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Lite Strategy Inc (LITS) last released financial results for the quarter that ended 9/30/2023, posting a surprise factor of 571.31% for net revenue.
LITS – Lite Strategy Inc Stock Earnings Estimates
The perspective of Lite Strategy Inc (NASDAQ:LITS)’s current quarter earnings identifies that analysts are in consensus over the estimate of -1.79 for stock’s EPS in the current quarter. Lite Strategy Inc (LITS) last released financial results for the quarter that ended 9/30/2023, posting a surprise factor of 571.31% for net revenue. Company’s EPS for the last quarter was 8.46.
Lite Strategy Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 35.66 million. LITS does have institutional investors; and they hold 27.53% of the stock.
Key Metrics for LITS
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Lite Strategy Inc has a debt to equity ratio of 0.00.
