Are Analysts Too Bullish On Standard Lithium Ltd (SLI)

Standard Lithium Ltd (AMEX:SLI) currently has a daily average trading volume of 1.53M but it saw 2928445 shares traded in last market. With a market cap of 406.08M USD, the company’s current market price of $2.20 came rising about 4.27 while comparing to the previous closing price of $2.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.08 and as low as $1.05. In the recent trading on the day, stock has struck highest price mark of $2.065 while lowest mark touched by it was $2.26.

Taking a look at 20-day trading activity of Standard Lithium Ltd (SLI) gives us an average price of $1.92, while its current price level is -28.57% below from 52-week high level whereas it is 109.52% 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 $1.53 while that of 200 days or SMA-200 reads an average of $1.39. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.08% during that period while stretching the period over a month that increases to 11.58%. 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 61.37 which implies that the stock is in neutral territory.

Over the week, SLI’s stock price is moving 10.00% up while it is 41.94% when we observe its performance for the past one month. Year-to-date it is 8.91% up and over the past year, the stock is showing a downside performance of -23.08%.

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 3.84. Stock’s beta reads 1.99. Stock has a price to book (P/B) ratio of 1.63. Its return on asset (ROA) is 51.39% on average.