Standard Lithium Ltd (AMEX:SLI) does about 1.95M shares in volume on a normal day but saw 1826534 shares change hands in the recent trading day. The company now has a market cap of 380.36M USD. Its current market price is $1.62, marking an increase of 2.53% compared to the previous close of $1.58. The 52 week high reached by this stock is $2.72 whilst the lowest price level in 52 weeks is $1.05.
Standard Lithium Ltd (SLI) has a 20-day trading average at $2.1460 and the current price is -40.44% off the 52-week high compared with 54.29% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.8476 and its 200-day simple moving average is $1.4504. If we look at the stock’s price movements over the week, volatility stands at 9.12%, which increases to 9.47% 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 36.60 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 50.91% 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 -24.51%, -12.32%, and 11.69% away from its SMA20, SMA50, and SMA200 respectively, with the SLI price moving above the 50-day SMA on current market day. Standard Lithium Ltd (SLI) stock is down -21.36% over the week and -15.18% over the past month. Its price is -19.80% year-to-date and -35.71% over the past year.
The stock last released its quarterly earnings report for quarter ended 9/30/2024, with the company’s earnings per share (EPS) of -0.06 below consensus estimates by -0.04. The company’s next earnings report forecasts estimating quarterly EPS at -0.06 and -0.22 for whole year.
To reach the target analysts have set, the stock logically needs to grow 50.91 percent from here.
The company has a return on investment of 44.76% and return on equity of 61.03%. The price to earnings ratio (P/E ratio) amounts to 2.75. The beta has a value of 1.88. Price to book ratio is 1.22.
