November 16, 2016 - By Richard Conner · 0 Comments
Lightbridge Corp (NASDAQ:LTBR) institutional sentiment decreased to 0.75 in Q2 2016. Its down -0.58, from 1.33 in 2016Q1. The ratio is negative, as 6 institutional investors started new and increased holdings, while 8 sold and decreased their holdings in Lightbridge Corp. The institutional investors in our partner’s database reported: 558,009 shares, down from 731,664 shares in 2016Q1. Also, the number of institutional investors holding Lightbridge Corp in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 2 Increased: 3 New Position: 3.
Lightbridge Corporation is a nuclear fuel technology company. The company has a market cap of $7.55 million. The Firm participates in the nuclear power industry in the United States and internationally. It currently has negative earnings. The Company’s divisions include nuclear fuel technology business and nuclear energy consulting business.
About 47,430 shares traded hands. Lightbridge Corp (NASDAQ:LTBR) has declined 52.76% since April 14, 2016 and is downtrending. It has underperformed by 57.45% the S&P500.
Analysts await Lightbridge Corp (NASDAQ:LTBR) to report earnings on November, 28.
According to Zacks Investment Research, “Lightbridge Corporation is a provider of nuclear energy consulting and strategic advisory services and a developer of nuclear fuel designs. The Company operates under two business segments: providing of nuclear energy consulting services and developing of nuclear fuel designs. Formerly Thorium Power Ltd., the company’s breakthrough fuel technology is establishing new global standards for safe and clean nuclear power and leading the way towards a sustainable energy future. Lightbridge consultants provide integrated strategic advice and expertise across a range of disciplines including regulatory affairs, nuclear reactor procurement and deployment, reactor and fuel technology and international relations. It leverages those broad and integrated capabilities by offering their services to commercial entities and governments with a need to establish or expand nuclear industry capabilities and infrastructure.”
Bank Of America Corp De holds 0% of its portfolio in Lightbridge Corp for 9,434 shares. Blackrock Fund Advisors owns 4,891 shares or 0% of their US portfolio. Moreover, Blackrock Institutional Trust Company N.A. has 0% invested in the company for 28,805 shares. The California-based California Public Employees Retirement System has invested 0% in the stock. Creative Planning, a Kansas-based fund reported 10,500 shares.#img1#
Lightbridge Corporation, incorporated on February 2, 1999, is a nuclear fuel technology company. The Firm participates in the nuclear power industry in the United States and internationally. The Company’s divisions include nuclear fuel technology business and nuclear energy consulting business. The nuclear fuel technology business develops next generation nuclear fuel technology that increases the power output of commercial reactors; generates nuclear energy and the amount of nuclear waste on a per-megawatt-hour basis, and enhances reactor safety and the proliferation resistance of spent fuel. The nuclear energy consulting business segment provides nuclear power consulting and strategic advisory services to commercial and governmental entities across the world. The Company’s subsidiaries include Thorium Power, Inc. and Lightbridge International Holding, LLC.
More notable recent Lightbridge Corp (NASDAQ:LTBR) news were published by: Streetinsider.com which released: “Form 8-K LIGHTBRIDGE Corp For: Nov 02” on November 04, 2016, also Prnewswire.com with their article: “Lightbridge Corporation wins Technology Research Award at CleanEquity® Monaco 2016” published on March 10, 2016, Quotes.Wsj.com published: “Lightbridge Corp. LTBR (US: Nasdaq)” on February 13, 2011. More interesting news about Lightbridge Corp (NASDAQ:LTBR) were released by: Thestreet.com and their article: “One Factor Bringing Lightbridge (LTBR) Stock Up” published on May 18, 2015 as well as Streetinsider.com‘s news article titled: “Form 8-K LIGHTBRIDGE Corp For: Nov 10” with publication date: November 10, 2016.
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By Richard Conner