Standard Lithium Ltd (AMEX: SLI) is -6.16% 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 $1.22 in the last trading session, with the day’s gains setting it 0.15%.
Currently trading at $1.37, the stock is -2.46% and -8.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing 12.30% at the moment leaves the stock -11.17% off its SMA200. SLI registered -4.86% loss for a year compared to 6-month gain of 6.20%.
The stock witnessed a -8.05% loss in the last 1 month and extending the period to 3 months gives it a -23.46%, and is 3.01% 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 8.84% over the week and 6.90% over the month.
Standard Lithium Ltd (SLI) has around 45 employees, a market worth around $255.61M and $0.00M in sales. Current P/E ratio is 2.33. Distance from 52-week low is 30.48% and -48.11% 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 -118.53% 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.
The shares outstanding are 184.58M, and float is at 160.38M with Short Float at 2.89%.
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.
Standard Lithium Ltd (SLI) Insider Activity
A total of 0 insider transactions have happened at Standard Lithium Ltd (SLI) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Standard Lithium Ltd (SLI): Who are the competitors?
One of the company’s main competitors (and peers) include Oroco Resource Corp. (OCO) that is trading -27.03% down over the past 12 months.
