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Up to Date Stock in scrutiny: Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC), Lithium Americas Corp. (NYSE:LAC)

Telefonaktiebolaget LM Ericsson (publ) (ERIC) with the stream of 2.96% also noticed, India Lithium Americas Corp. (LAC) encountered a rapid change of -3.14%…

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This article was originally published by Stocks Equity

Telefonaktiebolaget LM Ericsson (publ) (ERIC) with the stream of 2.96% also noticed, India Lithium Americas Corp. (LAC) encountered a rapid change of -3.14% in the last hour of Tuesday’s trading session.

Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) closed at $13.39 and the price was 8.79% so far this year. The price/earnings to growth ratio (PEG ratio) is a stock’s price-to-earnings (P/E) ratio divided by the growth rate of its earnings for a specified time period. The PEG ratio is used to determine a stock’s value while taking the company’s earnings growth into account, and is considered to provide a more complete picture than the P/E ratio. Last traded has a PEG ratio of 1.24 where as its P/E ratio was 20.06.

Liquidity:

The stock has a market cap of $43.14B with 3.33B shares outstanding, of which the float was 3.00B shares. Analysts consider this stock active, since it switched Trading volume reached 3,039,279 shares as compared to its average volume of 6.05M shares. The Average Daily Trading Volume (ADTV) demonstrates trading activity related to the liquidity of the security. When Ave Volume tends to increase, it shows enhanced liquidity.

But when Ave Volume is lower, the security will tend to be cheap as people are not as keen to purchase it. Hence, it might have an effect on the worth of the security. ERIC’s relative volume was 0.99. Relative volume is a great indicator to keep a close eye on, but like most indicators it works best in conjunction with other indicators and on different time frames. Higher relative volume you will have more liquidity in the stock which will tighten spreads and allow you to trade with more size without a ton of slippage.

ERIC’s price to sales ratio for trailing twelve months was 1.60 and price to book ratio for most recent quarter was 4.14, whereas price to cash per share for the most recent quarter was 8.21. The Company’s price to free cash flow for trailing twelve months was recorded as 21.13. The NASDAQ -listed company saw a quick ratio for most recent quarter is 1.00. Analysts mean recommendation for the stock was 1.70. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell. Beta factor, which measures the riskiness of the security, was recorded as 0.41. A beta of 1 indicates that the security’s price moves with the market. A beta of less than 1 means that the security is theoretically less volatile than the market. A beta of greater than 1 indicates that the security’s price is theoretically more volatile than the market.

Important Factors &Technical Analysis of “LAC” described below:

Further, Shares of Lithium Americas Corp. (NYSE:LAC) have seen the needle move -3.14%  in the most recent session. The NYSE-listed company has a yearly EPS of $-0.40 on volume of 2,602,934 shares. This number is derived from the total net income divided by shares outstanding. In other words, EPS reveals how profitable a company is on a share owner basis. The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 0 as current ratio and on the opponent side the debt to equity ratio was 0 and long-term debt to equity ratio also remained 0. The stock showed monthly performance of 5.09%. Likewise, the performance for the quarter was recorded as 12.93% and for the year was 203.44%.

Analysts’ Suggestions to keep an Eye On: In terms of Buy, Sell or Hold recommendations, the stock (LAC) has analysts’ mean recommendation of 0. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.  Growth potential is an organization’s future ability to generate larger profits, expand its workforce and increase production. The growth potential generally refers to amount of sales or revenues the organization generates. In the last five years, the company’s full-year sales growth remained over 0 a year on average and the company’s earnings per share moved by an average rate of 0.

The price target set for the stock was $0 and this sets up an interesting set of potential movement for the stock, according to data from FINVIZ’s Research. The company has a market value of $1.90B and about 119.42M shares outstanding.

Should You Go With High Insider Ownership?

Many value investors look for stocks with a high percent of insider ownership, under the theory that when management are shareholders, they will act in its own self interest, and create shareholder value in the long-term. This aligns the interests of shareholders with management, thus benefiting everyone. While this sounds great in theory, high insider ownership can actually lead to the opposite result, a management team that is unaccountable because they can keep their jobs under almost any circumstance.

Lithium Americas Corp.’s shares owned by insiders remained 16.75%, whereas shares owned by institutional owners are 21.50%. Many value shareholders look for stocks with a high percentage of insider ownership, under the theory that when administration is shareholders, they will act in its own self-interest, and create shareholder value in the long-term.

Historical Performances to Consider:

The Stock’s performances for Monthly, weekly, half-yearly, quarterly & year-to-date are mentioned below:-

On a Monthly basis the stock was -1.37%. On a weekly basis, the stock remained 1.25%. The half-yearly performance for the stock has 7.79%, while the quarterly performance was -5.80%. Looking further out we can see that the stock has moved 8.79% over the year to date. Other technical indicators are worth considering in assessing the prospects for EQT. RSI for instance was stand at 62.15.

The post Up to Date Stock in scrutiny: Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC), Lithium Americas Corp. (NYSE:LAC) appeared first on Stocks Equity.



Author: Jake Charles

Energy & Critical Metals

Lucid Stock Could Actually Benefit from the Omicron Variant

All things considered, the loss that electric vehicle manufacturer Lucid (NASDAQ:LCID) stock incurred on Black Friday wasn’t too terrible.
Source: Around…

All things considered, the loss that electric vehicle manufacturer Lucid (NASDAQ:LCID) stock incurred on Black Friday wasn’t too terrible.

Source: Around the World Photos / Shutterstock.com

As you know, the global equity markets provided their own discount, with several top names shedding serious red ink. But the usual hesitation that accompanies such widespread volatility might not affect LCID stock over the long run.

Don’t get me wrong — Lucid isn’t running on some magic fuel. After soaring over 91% in the trailing month and 160% over the trailing half-year period, LCID stock might be due for a correction.

But should shares trip up, it might have less to do with the omicron variant of the novel coronavirus and more to do with general profit-taking motivations.

To be sure, the latest drama of the Covid-19 pandemic is not something to be ignored. As the Washington Post reported, the Dow Jones tumbled more than 900 points on the day that typically marks the start of the winter holiday shopping season.

Among analysts, fears have heightened that the new strain of the SARS-CoV-2 virus could derail the global economy.

On the surface, that wouldn’t be too hot for LCID stock nor any other automotive manufacturer, electric or otherwise.

According to the U.S. Bureau of Transportation Statistics, between February and April of 2020, vehicle miles traveled hemorrhaged a staggering 42%. Even at the latest read of August 2021, the metric is down 6% from its pre-pandemic peak.

Unless you’re buying a vehicle purely for fun or for showboating, making a new purchase against potentially another low-driving-miles environment isn’t sensible.

Sure, the underlying premium EVs of LCID stock cater to the rich, but rich people usually don’t become that way by committing silly money mistakes.

Still, there’s a chance that omicron could be good for Lucid.

LCID Stock Is Built for the Pandemic

When the Covid-19 pandemic first upturned society, all of us learned quite a bit about the little mundane details we took for granted.

As far as combustion cars were concerned, I personally learned that they can be an incredible pain in the hind end when it comes to maintenance.

Like a human being, you need to keep the juices flowing in a regular car for it to operate properly. If it sits around for too long, components start to corrode or shed capacity in a surprisingly rapid manner.

For instance, if you leave a combustion car sitting for a month or two, incremental parasitic loss could drain your battery completely.

That’s why some car experts caution that a low-mileage vehicle might not always be the most reliable, especially if it was used intermittently. In that case, a higher-mileage vehicle was frequently used but well taken care of might be the better option.

However, with EVs, you just don’t have this issue, at least not to the same magnitude. An EV can sit for months without charging, which will be beneficial if we enter a lockdown to mitigate the omicron variant.

Other nations are taking a proactive stance, locking down their borders.

We still don’t know how bad this omicron variant is. However, if our worst fears are realized, the U.S. government could potentially take some drastic measures. If so, that would be a cynical catalyst for LCID stock.

Additionally, EVs feature far fewer moving parts than combustion cars. Ordinarily, this makes electric transportation more reliable than its combustion-based counterpart. But in the new normal, this advantage also makes EVs much more livable.

Drivers won’t have to deal with as many maintenance items in EVs as with combustion cars, further bolstering the case for LCID stock.

A Word of Caution

Although a return to lockdowns or strong mitigation measures might help LCID stock, investors shouldn’t bank on it.

True, the omicron variant presents serious concerns for the international community. Yet as the AP noted, “Some previous variants, like the beta variant, initially concerned scientists but did not spread very far.”

That’s not to say you should ignore this strain. Obviously, it was enough to spook the markets so there might be something to this possible threat.

Nevertheless, LCID stock could potentially be sitting on a best-of-both-worlds scenario. If the pandemic worsens, EVs have proven to be the superior urban platform. But if the omicron variant turns out to be a false alarm, Lucid could resume its compelling business narrative.

On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare.

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The post Lucid Stock Could Actually Benefit from the Omicron Variant appeared first on InvestorPlace.

Author: Josh Enomoto

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Energy & Critical Metals

TotalEnergies launches 55MW solar PV plant in France

TotalEnergies, has launched its largest solar photovoltaic power plant in France, with a capacity of 55MW.
The post TotalEnergies launches 55MW solar PV…

Global energy company TotalEnergies has launched its largest solar photovoltaic power plant in France, with a capacity of 55MW.

The solar farm, located northeast of Gien (Loiret), comprises 126,000 photovoltaic panels spread over 75 hectares.

The plant will produce approximately 64GWh per year, equivalent to the annual electricity consumption of 38,000 people and keep more than 550,000 tons of CO2 out of the atmosphere during its lifetime.

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This photovoltaic project is designed to support the development of renewable energies in France and includes:

  • A participative financing model: To involve site neighbours, the plant was built with participative financing amounting to €2,200,200 ($2,500,00) to which 212 residents of the Loiret and surrounding departments largely contributed.
  • A plan to protect biodiversity: The Company has put in place the measures required to preserve biodiversity, including the creation of bat shelters and the construction of a pond to promote amphibian reproduction.

TotalEnergies teams will operate and maintain the plant locally throughout its 30-year operating lifespan.

“This commissioning contributes to France’s energy transition and is a further step towards our goal of reaching 4GW of renewable generation capacity by 2025. It reinforces our commitment to be a major player in renewable energy in France,” said Thierry Muller, CEO of TotalEnergies Renewables France.

TotalEnergies Lubrifiants will be exhibiting at Enlit Europe in Milan at Stand 16.A52. If you are attending the exhibition, feel free to visit the booth and meet the team.

We can’t wait to see you in Milan

Enlit Europe will bring the energy community together during the live event in Milan (30 November – 2 December 2021). Register here

The post TotalEnergies launches 55MW solar PV plant in France appeared first on Power Engineering International.

Author: Pamela Largue

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Energy & Critical Metals

Renault Unveils Flying Car For Travel On Sky Highways 

Renault Unveils Flying Car For Travel On Sky Highways 

French automaker Renault has unveiled a flying car for the 60th anniversary of the…

Renault Unveils Flying Car For Travel On Sky Highways 

French automaker Renault has unveiled a flying car for the 60th anniversary of the iconic Renault 4.  

Renault teamed up with Miami-based design firm TheArsenale to create the flying car based on an updated version of the 4 (also known as the 4L or “quatrelle”), which began production in 1961 and concluded in 1992. The modern version of the 4 sits on top of the drone frame. “AIR4 is a symbol of independence and freedom, born out of the realization that traffic is compounding, lives are grinding to a halt, and the world above us is unhampered,” Renault wrote.

TheArsenale wrote, “a symbol of independence and freedom in carbon-fiber form, the AIR4 is born of the realization that traffic is compounding, lives are grinding to a halt, but the world above us is clear.” 

The specifications of the AIR4 show it’s powered by 22,000mAh lithium-polymer batteries, which means it can fly around at speeds of 55 mph and have a total lifting capacity of around 840 pounds. There was no mention of flight time. 

AIR4 is expected to be showcased at the Atelier Renault museum in Paris and worldwide, including Miami, New York, and Macau in 2022. 

“After a year-long celebration, we wanted to create something unconventional to close up the 60th anniversary of 4L,” said Arnaud Belloni, Renault’s marketing boss. “This collaboration with The Arsenale was a natural fit. The flying show car AIR4 is something unseen and a wink to how this icon could look like in another 60 years.”

This past summer, Renault announced the Renault 4 will be re-released in an electrified version by 2025. The automaker plans to have up to 90% of cars sold under its brand to be electric by 2030. As for the AIR4, there was no word if the flying car would go into series production. 

Tyler Durden
Tue, 11/30/2021 – 04:15

Author: Tyler Durden

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