Standard Lithium Ltd (AMEX: SLI) Gains 7.43% And Its 4.79% Stock Volatility Is Bewildering

Standard Lithium Ltd (AMEX:SLI) does about 2.24M shares in volume on a normal day but saw 2281902 shares change hands in the recent trading day. The company now has a market cap of 373.37M USD. Its current market price is $1.88, marking an increase of 7.43% compared to the previous close of $1.75. The 52 week high reached by this stock is $2.64 whilst the lowest price level in 52 weeks is $1.07.

The consensus objective for the share price is $3.12, suggesting that the stock has a potential upside of 39.74% over the period.

FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.

The current price level is 10.13%, 22.51%, and 19.10% away from its SMA20, SMA50, and SMA200 respectively, with the SLI price moving below the 50-day SMA on current market day. Standard Lithium Ltd (SLI) stock is up 1.62% over the week and 16.05% over the past month. Its price is 28.77% year-to-date and 30.56% over the past year.

To reach the target analysts have set, the stock logically needs to grow 39.74 percent from here.

The company has a return on investment of 41.56% and return on equity of 52.70%. The price to earnings ratio (P/E ratio) amounts to 3.63. The beta has a value of 1.61. Price to book ratio is 1.55.

Comet Reports
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.