Standard Lithium Ltd (AMEX: SLI) is -8.90% 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 $1.26 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $1.33, the stock is -9.31% and -12.27% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.63 million and changing 5.56% at the moment leaves the stock -14.45% off its SMA200. SLI registered 10.83% gain for a year compared to 6-month gain of 6.40%.
The stock witnessed a -14.19% loss in the last 1 month and extending the period to 3 months gives it a -19.88%, and is -10.14% 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 8.17% over the week and 6.12% over the month.
Standard Lithium Ltd (SLI) has around 45 employees, a market worth around $248.15M and $0.00M in sales. Current P/E ratio is 2.26. Distance from 52-week low is 26.67% and -49.62% 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 -118.38% this year
The shares outstanding are 184.58M, and float is at 153.37M with Short Float at 2.63%.
The top institutional shareholder in the company is KOCH INDUSTRIES INC with over 13.48 million shares valued at $$16.85 million. The investor’s holdings represent 7.4966 of the SLI Shares outstanding. As of 2024-06-30, the second largest holder is INVESCO LTD. with 3.7 million shares valued at $$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 1.675 and valued at over $$3.77 million, while MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. holds 0.9995 of the shares totaling 1.8 million with a market value of $$2.28 million.
