Capital Market Strategies LLC raised its stake in Lightbridge Co. (NASDAQ:LTBR – Free Report) by 42.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,950 shares of the energy company’s stock after purchasing an additional 5,950 shares during the quarter. Capital Market Strategies LLC owned 0.13% of Lightbridge worth $94,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently modified their holdings of the stock. Verition Fund Management LLC bought a new stake in Lightbridge during the third quarter worth $288,000. State Street Corp raised its holdings in shares of Lightbridge by 18.4% in the third quarter. State Street Corp now owns 38,579 shares of the energy company’s stock valued at $108,000 after purchasing an additional 6,000 shares during the last quarter. Virtu Financial LLC lifted its position in shares of Lightbridge by 118.8% during the third quarter. Virtu Financial LLC now owns 27,905 shares of the energy company’s stock valued at $78,000 after purchasing an additional 15,150 shares in the last quarter. Finally, XTX Topco Ltd purchased a new position in Lightbridge during the third quarter worth about $34,000. Institutional investors own 9.14% of the company’s stock.
Lightbridge Stock Down 6.7 %
LTBR stock traded down $0.44 during trading on Monday, reaching $6.16. The stock had a trading volume of 1,564,763 shares, compared to its average volume of 1,563,219. Lightbridge Co. has a one year low of $2.21 and a one year high of $14.20. The company’s 50 day moving average is $6.46 and its two-hundred day moving average is $4.38. The company has a market capitalization of $97.12 million, a price-to-earnings ratio of -8.21 and a beta of 2.19.
Lightbridge 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.
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