Standard Lithium Ltd (AMEX: SLI) Emerges As Guiding Light For Investors

Standard Lithium Ltd (AMEX:SLI) currently has a daily average trading volume of 931.54K but it saw 1298209 shares traded in last market. With a market cap of 311.94M USD, the company’s current market price of $1.69 came rising about 9.03 while comparing to the previous closing price of $1.55. 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 $1.55 while lowest mark touched by it was $1.695.

Taking a look at 20-day trading activity of Standard Lithium Ltd (SLI) gives us an average price of $1.3020, while its current price level is -52.92% below from 52-week high level whereas it is 60.95% 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 $1.2704 while that of 200 days or SMA-200 reads an average of $1.3924. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.66% during that period while stretching the period over a month that decreases to 9.15%. 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 68.34 which implies that the stock is in neutral territory.

Over the week, SLI’s stock price is moving 34.13% up while it is 33.07% when we observe its performance for the past one month. Year-to-date it is -16.34% down and over the past year, the stock is showing a downside performance of -39.64%.

Currently, Standard Lithium Ltd’s total number of outstanding shares is 183.92M. Company’s return on investment (ROI) stands at 43.22% and return on equity (ROE) at 58.29%. It has a price to earnings ratio (P/E ratio) of 2.95. Stock’s beta reads 1.99. Stock has a price to book (P/B) ratio of 1.25. Its return on asset (ROA) is 51.39% on average.