Arcadium Lithium PLC (NYSE:ALTM) currently has a daily average trading volume of 22.93M but it saw 19266838 shares traded in last market. With a market cap of 5.25B USD, the company’s current market price of $4.88 came falling about -1.81 while comparing to the previous closing price of $4.97. In past 52 weeks, the stock remained buoying in the range of price level as high as $7.27 and as low as $2.19. In the recent trading on the day, stock has struck highest price mark of $4.8721 while lowest mark touched by it was $5.06.
Taking a look at 20-day trading activity of Arcadium Lithium PLC (ALTM) gives us an average price of $5.15, while its current price level is -32.87% below from 52-week high level whereas it is 122.42% 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 $5.31 while that of 200 days or SMA-200 reads an average of $4.06. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.18% during that period while stretching the period over a month that decreases to 1.97%. 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 34.28 which implies that the stock is in neutral territory.
Scotiabank downgraded its recommendation for the stock as a “Sector Perform” from “Sector Outperform” on November 11, 2024 while assigning a price target of $5.85. UBS issued its recommendations for the stock as it initiated the price target for the stock is $3.
Over the week, ALTM’s stock price is moving -6.33% down while it is -5.97% when we observe its performance for the past one month. Year-to-date it is -28.34% down and over the past year.
Currently, Arcadium Lithium PLC’s total number of outstanding shares is 1.08B. Company’s return on investment (ROI) stands at 2.29% and return on equity (ROE) at 20.46%. It has a price to earnings ratio (P/E ratio) of 35.21 while having a 35.02 of forward P/E ratio. Stock has a price to book (P/B) ratio of 0.83 while price to sale or P/S ratio amounts to 5.83. Its return on asset (ROA) is 12.45% on average.
