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Is Standard Lithium Ltd (SLI) a good stock to buy now?

Standard Lithium Ltd (AMEX: SLI) is -10.96% 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 $1.31 in the last trading session, with the day’s loss setting it -0.01%.

Currently trading at $1.30, the stock is -0.99% and -10.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.57 million and changing -0.76% at the moment leaves the stock -14.34% off its SMA200. SLI registered 12.07% gain for a year compared to 6-month gain of 5.69%. The firm has a 50-day simple moving average (SMA 50) of $1.4498 and a 200-day simple moving average (SMA200) of $1.51755.

The stock witnessed a -10.34% loss in the last 1 month and extending the period to 3 months gives it a -8.45%, and is -10.34% 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 7.63% over the week and 7.95% over the month.

Standard Lithium Ltd (SLI) has around 45 employees, a market worth around $242.55M and $0.00M in sales. Current P/E ratio is 2.21. Distance from 52-week low is 23.81% and -50.76% 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 -118.32% 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

124.0 institutions hold shares in Standard Lithium Ltd (SLI), with institutional investors hold 11.20% of the company’s shares. The shares outstanding are 184.58M, and float is at 160.38M with Short Float at 3.45%. Institutions hold 9.71% 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 7.4966% 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

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