A Few Bright Spots In Standard Lithium Ltd (AMEX: SLI)

Standard Lithium Ltd (AMEX:SLI) currently has a daily average trading volume of 2.13M but it saw 1000582 shares traded in last market. With a market cap of 283.60M USD, the company’s current market price of $1.54 came rising about 2.67 while comparing to the previous closing price of $1.50. 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 $1.5 while lowest mark touched by it was $1.58.

Taking a look at 20-day trading activity of Standard Lithium Ltd (SLI) gives us an average price of $1.5790, while its current price level is -41.67% below from 52-week high level whereas it is 46.67% 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 $1.8584 while that of 200 days or SMA-200 reads an average of $1.4857. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.49% during that period while stretching the period over a month that decreases to 6.40%. 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 42.89 which implies that the stock is in neutral territory.

Over the week, SLI’s stock price is moving 7.04% up while it is -12.14% when we observe its performance for the past one month. Year-to-date it is -24.75% down and over the past year, the stock is showing a downside performance of -29.30%.

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 2.58. Stock’s beta reads 1.85. Stock has a price to book (P/B) ratio of 1.14. Its return on asset (ROA) is 54.28% on average.