Standard Lithium Ltd (SLI) At $2.00 Offering A Unique Opportunity

Standard Lithium Ltd (AMEX:SLI) currently has a daily average trading volume of 1.39M but it saw 2440490 shares traded in last market. With a market cap of 369.16M USD, the company’s current market price of $2.00 came falling about -3.38 while comparing to the previous closing price of $2.07. 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 $1.92 while lowest mark touched by it was $2.18.

Taking a look at 20-day trading activity of Standard Lithium Ltd (SLI) gives us an average price of $1.79, while its current price level is -44.29% below from 52-week high level whereas it is 90.48% 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 $1.44 while that of 200 days or SMA-200 reads an average of $1.38. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.12% during that period while stretching the period over a month that decreases to 12.82%. 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 58.54 which implies that the stock is in neutral territory.

Over the week, SLI’s stock price is moving -4.76% down while it is 62.60% when we observe its performance for the past one month. Year-to-date it is -0.99% down and over the past year, the stock is showing a downside performance of -42.69%.

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 3.49. Stock’s beta reads 2.00. Stock has a price to book (P/B) ratio of 1.48. Its return on asset (ROA) is 51.39% on average.