Piedmont Lithium Inc (NASDAQ: PLL) is -69.18% lower on its value in year-to-date trading and has touched a low of $6.93 and a high of $46.66 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PLL stock was last observed hovering at around $9.29 in the last trading session, with the day’s loss setting it -0.59%.
Currently trading at $8.70, the stock is -1.69% and -13.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.52 million and changing -6.35% at the moment leaves the stock -46.04% off its SMA200. PLL registered -80.87% loss for a year compared to 6-month loss of -37.05%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -18.84% gain in the last 1 month and extending the period to 3 months gives it a -44.02%, and is 13.13% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.53% over the week and 9.44% over the month.
Piedmont Lithium Inc (PLL) has around 63 employees, a market worth around $168.52M and $47.13M in sales. Profit margin for the company is -15.47%. Distance from 52-week low is 25.54% and -81.35% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.41%).
The EPS is expected to shrink by -19.85% this year
184.0 institutions hold shares in Piedmont Lithium Inc (PLL), with institutional investors hold 48.06% of the company’s shares. The shares outstanding are 19.27M, and float is at 17.76M with Short Float at 19.58%. Institutions hold 44.24% of the Float.
The top institutional shareholder in the company is BANK OF NEW YORK MELLON CORP with over 2.53 million shares valued at $297.02 million. The investor’s holdings represent 13.1985 of the PLL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 1.41 million shares valued at $14.11 million to account for 7.3623 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.05 million shares representing 5.4673 and valued at over $10.48 million, while ENVESTNET ASSET MANAGEMENT INC holds 4.8959 of the shares totaling 0.94 million with a market value of $110.18 million.
Piedmont Lithium Inc (PLL) Insider Activity
The most recent transaction is an insider sale by Demby Claude, the company’s Director. SEC filings show that Demby Claude sold 782 shares of the company’s common stock on Aug 30 ’23 at a price of $45.12 per share for a total of $35284.0. Following the sale, the insider now owns 3455.0 shares.
