Arcadium Lithium PLC (NYSE:ALTM) currently has a daily average trading volume of 13.91M but it saw 11241633 shares traded in last market. With a market cap of 6.20B USD, the company’s current market price of $5.76 came rising about 0.52 while comparing to the previous closing price of $5.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.76 and as low as $2.19. In the recent trading on the day, stock has struck highest price mark of $5.73 while lowest mark touched by it was $5.77.
Taking a look at 20-day trading activity of Arcadium Lithium PLC (ALTM) gives us an average price of $5.72, while its current price level is 0.00% below from 52-week high level whereas it is 162.53% 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 $5.38 while that of 200 days or SMA-200 reads an average of $4.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.76% during that period while stretching the period over a month that decreases to 0.66%. 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 67.30 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 0.35% up while it is 10.34% when we observe its performance for the past one month. Year-to-date it is 12.28% up and over the past year, the stock is showing an upside performance of 33.95%.
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 41.56 while having a 35.53 of forward P/E ratio. Stock’s beta reads -2.62. Stock has a price to book (P/B) ratio of 0.98 while price to sale or P/S ratio amounts to 6.88. Its return on asset (ROA) is 12.45% on average.
