What should you know before buying stock in Standard Lithium Ltd (SLI)

Standard Lithium Ltd (AMEX: SLI) is -5.45% lower on its value in year-to-date trading and has touched a low of $1.05 and a high of $3.59 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 SLI stock was last observed hovering at around $2.00 in the last trading session, with the day’s loss setting it -0.09%.

Currently trading at $1.91, the stock is 4.95% and 31.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.29 million and changing -4.50% at the moment leaves the stock 38.27% off its SMA200. SLI registered -40.87% loss for a year compared to 6-month gain of 81.90%. The firm has a 50-day simple moving average (SMA 50) of $1.4534 and a 200-day simple moving average (SMA200) of $1.3814.

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The stock witnessed a 51.59% loss in the last 1 month and extending the period to 3 months gives it a 31.72%, and is -21.07% down 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 14.40% over the week and 12.96% over the month.

Standard Lithium Ltd (SLI) has around 45 employees, a market worth around $352.55M and $0.00M in sales. Current P/E ratio is 3.33. Distance from 52-week low is 81.90% and -46.80% from its 52-week high. The company has generated returns on investments over the last 12 months (43.22%).

The EPS is expected to shrink by -126.83% this year.

Standard Lithium Ltd (SLI) Top Institutional Holders

115.0 institutions hold shares in Standard Lithium Ltd (SLI), with institutional investors hold 12.05% of the company’s shares. The shares outstanding are 183.92M, and float is at 170.35M with Short Float at 2.30%. Institutions hold 10.22% of the Float.

The top institutional shareholder in the company is KOCH INDUSTRIES INC with over 13.48 million shares valued at $16.85 million. The investor’s holdings represent 7.5636% of the SLI Shares outstanding. As of 2024-06-30, the second largest holder is INVESCO LTD. with 3.7 million shares valued at $4.63 million to account for 2.0788 of the shares outstanding. The other top investors are VAN ECK ASSOCIATES CORP which holds 3.01 million shares representing 1.6899% and valued at over $3.77 million, while MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. holds 1.0085 of the shares totaling 1.8 million with a market value of $2.28 million.