Standard Lithium Ltd (AMEX:SLI) does about 1.59M shares in volume on a normal day but saw 4695300 shares change hands in the recent trading day. The company now has a market cap of 424.53M USD. Its current market price is $2.30, marking an increase of 5.50% compared to the previous close of $2.18. The 52 week high reached by this stock is $3.00 whilst the lowest price level in 52 weeks is $1.05.
Standard Lithium Ltd (SLI) has a 20-day trading average at $1.98 and the current price is -23.33% off the 52-week high compared with 119.05% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.57 and its 200-day simple moving average is $1.39. If we look at the stock’s price movements over the week, volatility stands at 11.41%, which increases to 11.73% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 63.56 to suggest the stock is neutral.
The consensus objective for the share price is $3.30, suggesting that the stock has a potential upside of 30.3% over the period.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The current price level is 15.90%, 46.07%, and 65.30% away from its SMA20, SMA50, and SMA200 respectively, with the SLI price moving below the 50-day SMA on current market day. Standard Lithium Ltd (SLI) stock is up 16.75% over the week and 41.10% over the past month. Its price is 13.86% year-to-date and -16.36% over the past year.
To reach the target analysts have set, the stock logically needs to grow 30.3 percent from here.
Outstanding shares total 183.92M with insiders holding 15.16% of the shares and institutional holders owning 10.19% of the company’s common stock. The company has a return on investment of 43.22% and return on equity of 58.29%. The price to earnings ratio (P/E ratio) amounts to 4.01. The beta has a value of 1.99. Price to book ratio is 1.70.
