Arcadium Lithium PLC (NYSE:ALTM) currently has a daily average trading volume of 16.39M but it saw 93148955 shares traded in last market. With a market cap of 6.29B USD, the company’s current market price of $5.84 remained unchanged while comparing to the previous closing price of $5.84. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.87 and as low as $2.19.
Taking a look at 20-day trading activity of Arcadium Lithium PLC (ALTM) gives us an average price of $5.81, while its current price level is -0.51% below from 52-week high level whereas it is 166.18% 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 $5.61 while that of 200 days or SMA-200 reads an average of $4.37. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.29% during that period while stretching the period over a month that increases to 0.42%. 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 67.64 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 0.17% up while it is 2.28% when we observe its performance for the past one month. Year-to-date it is 13.84% up and over the past year, the stock is showing an upside performance of 5.61%.
Currently, Arcadium Lithium PLC’s total number of outstanding shares is 1.08B. Company’s return on investment (ROI) stands at 1.48% and return on equity (ROE) at 2.57%. It has a price to earnings ratio (P/E ratio) of 64.67 while having a 29.51 of forward P/E ratio. Stock’s beta reads -1.94. Stock has a price to book (P/B) ratio of 1.00 while price to sale or P/S ratio amounts to 6.24. Its return on asset (ROA) is 1.54% on average.
