Standard Lithium Ltd (AMEX: SLI) Now $1.05 Higher From Its Low (0.22), Does It Still Have A Growth Story?

Standard Lithium Ltd (AMEX:SLI) currently has a daily average trading volume of 774.63K but it saw 1318201 shares traded in last market. With a market cap of 233.01M USD, the company’s current market price of $1.27 came rising about 14.41 while comparing to the previous closing price of $1.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.59 and as low as $1.05. In the recent trading on the day, stock has struck highest price mark of $1.15 while lowest mark touched by it was $1.28.

Taking a look at 20-day trading activity of Standard Lithium Ltd (SLI) gives us an average price of $1.2070, while its current price level is -64.62% below from 52-week high level whereas it is 20.95% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.2532 while that of 200 days or SMA-200 reads an average of $1.4344. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.91% during that period while stretching the period over a month that increases to 6.36%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 53.86 which implies that the stock is in neutral territory.

Over the week, SLI’s stock price is moving 6.72% up while it is 13.39% when we observe its performance for the past one month. Year-to-date it is -37.13% down and over the past year, the stock is showing a downside performance of -60.44%.

Currently, Standard Lithium Ltd’s total number of outstanding shares is 172.75M. Company’s return on investment (ROI) stands at -35.67% and return on equity (ROE) at -34.63%. Stock’s beta reads 2.01. Stock has a price to book (P/B) ratio of 1.97. Its return on asset (ROA) is -32.71% on average.