Lightbridge (NASDAQ:LTBR) Stock Price Crosses Above 200-Day Moving Average of $0.73

Shares of Lightbridge Corp (NASDAQ:LTBR) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.73 and traded as high as $0.71. Lightbridge shares last traded at $0.68, with a volume of 2,119 shares.

The stock’s 50 day moving average is $0.68 and its 200-day moving average is $0.73.

Lightbridge (NASDAQ:LTBR) last released its quarterly earnings results on Wednesday, August 7th. The energy company reported ($0.09) earnings per share (EPS) for the quarter.

An institutional investor recently bought a new position in Lightbridge stock. River & Mercantile Asset Management LLP purchased a new position in Lightbridge Corp (NASDAQ:LTBR) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 269,167 shares of the energy company’s stock, valued at approximately $179,000. River & Mercantile Asset Management LLP owned approximately 0.71% of Lightbridge at the end of the most recent reporting period. 6.17% of the stock is owned by hedge funds and other institutional investors.

Lightbridge Company Profile (NASDAQ:LTBR)

Lightbridge Corporation operates as a nuclear fuel technology company worldwide. It operates through two segments, Technology and Consulting. It offers all-metal fuel for operating and new build reactors; all-uranium seed and blanket fuel for existing plants and new build reactors; and thorium-based seed and blanket fuel for existing and new build reactors.

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