Standard Lithium Ltd (AMEX: SLI) is -24.75% 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 $1.50 in the last trading session, with the day’s gains setting it 0.04%.
Currently trading at $1.54, the stock is -2.41% and -17.12% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing 2.67% at the moment leaves the stock 3.66% off its SMA200. SLI registered -29.30% loss for a year compared to 6-month gain of 25.62%. The firm has a 50-day simple moving average (SMA 50) of $1.8728 and a 200-day simple moving average (SMA200) of $1.48445.
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The stock witnessed a -12.14% loss in the last 1 month and extending the period to 3 months gives it a -1.94%, and is 7.04% 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 7.49% over the week and 6.40% over the month.
Standard Lithium Ltd (SLI) has around 45 employees, a market worth around $283.60M and $0.00M in sales. Current P/E ratio is 2.58. Distance from 52-week low is 46.67% and -41.67% 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 -121.70% this year
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 184.58M, and float is at 173.44M with Short Float at 2.39%. 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.
