Standard Lithium Ltd (SLI) Down -48.48% From Its 52-Week High, But Growth Potential Is Changing Over Time

Standard Lithium Ltd (AMEX:SLI) currently has a daily average trading volume of 2.21M but it saw 1170406 shares traded in last market. With a market cap of 253.75M USD, the company’s current market price of $1.36 came falling about -4.23 while comparing to the previous closing price of $1.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.64 and as low as $1.05. In the recent trading on the day, stock has struck highest price mark of $1.338 while lowest mark touched by it was $1.49.

Taking a look at 20-day trading activity of Standard Lithium Ltd (SLI) gives us an average price of $1.6250, while its current price level is -48.48% below from 52-week high level whereas it is 29.52% 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 $1.9144 while that of 200 days or SMA-200 reads an average of $1.4816. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.52% during that period while stretching the period over a month that decreases to 6.82%. 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 29.80 which implies that the stock is in oversold territory.

Over the week, SLI’s stock price is moving -16.56% down while it is -16.05% when we observe its performance for the past one month. Year-to-date it is -32.67% down and over the past year, the stock is showing a downside performance of -26.49%.

Currently, Standard Lithium Ltd’s total number of outstanding shares is 184.58M. Company’s return on investment (ROI) stands at 44.76% and return on equity (ROE) at 61.03%. It has a price to earnings ratio (P/E ratio) of 2.31. Stock’s beta reads 1.84. Stock has a price to book (P/B) ratio of 1.02. Its return on asset (ROA) is 54.28% on average.