Lightbridge (NASDAQ:LTBR) Releases Earnings Results

Lightbridge (NASDAQ:LTBR) issued its earnings results on Monday. The energy company reported ($0.24) earnings per share (EPS) for the quarter, Zacks reports.

Lightbridge Trading Down 1.2%

LTBR opened at $9.59 on Monday. The company has a market cap of $200.29 million, a price-to-earnings ratio of -12.79 and a beta of 1.75. The company’s fifty day moving average price is $8.38 and its two-hundred day moving average price is $7.90. Lightbridge has a 1-year low of $2.21 and a 1-year high of $16.90.

Insider Transactions at Lightbridge

In other Lightbridge news, EVP Andrey Mushakov sold 30,000 shares of Lightbridge stock in a transaction dated Wednesday, February 12th. The stock was sold at an average price of $14.58, for a total transaction of $437,400.00. Following the completion of the transaction, the executive vice president now owns 159,893 shares in the company, valued at approximately $2,331,239.94. The trade was a 15.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Larry Goldman sold 18,303 shares of the business’s stock in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $14.09, for a total value of $257,889.27. Following the sale, the chief financial officer now directly owns 150,900 shares of the company’s stock, valued at $2,126,181. This represents a 10.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. 6.50% of the stock is currently owned by insiders.

Lightbridge Company Profile

Lightbridge Corporation, together with its subsidiaries, engages in developing nuclear fuel technology. It develops and commercializes metallic nuclear fuels. The company was formerly known as Thorium Power, Ltd. and changed its name to Lightbridge Corporation in September 2009. Lightbridge Corporation is headquartered in Reston, Virginia.