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These Numbers Show Favorable Signs for Standard Lithium Ltd (SLI)

Standard Lithium Ltd (AMEX: SLI) is -12.87% lower on its value in year-to-date trading and has touched a low of $1.05 and a high of $2.64 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 $1.73 in the last trading session, with the day’s gains setting it 0.03%.

Currently trading at $1.76, the stock is -12.91% and -7.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.96 million and changing 1.73% at the moment leaves the stock 20.88% off its SMA200. SLI registered -23.14% loss for a year compared to 6-month gain of 1.73%. The firm has a 50-day simple moving average (SMA 50) of $1.8868 and a 200-day simple moving average (SMA200) of $1.45425.

The stock witnessed a -19.27% loss in the last 1 month and extending the period to 3 months gives it a 38.58%, and is 8.64% 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 8.47% over the week and 8.91% over the month.

Standard Lithium Ltd (SLI) has around 45 employees, a market worth around $472.04M and $0.00M in sales. Current P/E ratio is 2.99. Distance from 52-week low is 67.62% and -33.33% from its 52-week high. The company has generated returns on investments over the last 12 months (44.76%).

The EPS is expected to shrink by -122.10% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.

Standard Lithium Ltd (SLI) Top Institutional Holders

116.0 institutions hold shares in Standard Lithium Ltd (SLI), with institutional investors hold 10.81% of the company’s shares. The shares outstanding are 183.92M, and float is at 172.69M with Short Float at 2.40%. Institutions hold 9.29% 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.

Standard Lithium Ltd (SLI) Insider Activity

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