Arcadium Lithium PLC (NYSE: ALTM) established initial surge of 3.41% at $4.55, before settling in for the price of $4.40 at the close. Taking a more long-term approach, ALTM posted a 52-week range of $3.67-$7.27.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
In the past 5-years timespan, the Basic Materials sector firm’s annual sales growth was 41.81%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -89.67%. This publicly-traded company’s shares outstanding now amounts to $1.07 billion, simultaneously with a float of $1.07 billion. The organization now has a market capitalization sitting at $4.89 billion. At the time of writing, stock’s 50-day Moving Average stood at $4.47, while the 200-day Moving Average is $12.84.
Arcadium Lithium PLC (ALTM) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Arcadium Lithium PLC industry. Arcadium Lithium PLC’s current insider ownership accounts for 0.21%, in contrast to 16.35% institutional ownership. According to the most recent insider trade that took place on Mar 06 ’24, this organization’s Director bought 5,000 shares at the rate of 4.89, making the entire transaction reach 24,450 in total value, affecting insider ownership by 91,000. Preceding that transaction, on Feb 27 ’24, Company’s Director bought 14,034 for 4.75, making the whole transaction’s value amount to 66,662. This particular insider is now the holder of 30,876 in total.
Arcadium Lithium PLC (ALTM) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 12/31/2023, it has been observed that the corporation posted 0.34 earnings per share (EPS) during the time that was better the consensus figure (set at 0.14) by 0.2. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
Arcadium Lithium PLC’s EPS decrease for this current 12-month fiscal period is -89.67% and is forecasted to reach 0.34 in the upcoming year.
Arcadium Lithium PLC (NYSE: ALTM) Trading Performance Indicators
Let’s observe the current performance indicators for Arcadium Lithium PLC (ALTM). It’s Quick Ratio in the last reported quarter now stands at 1.60. The Stock has managed to achieve an average true range (ATR) of 0.28.
Technical Analysis of Arcadium Lithium PLC (ALTM)
Now, what If we examine the latest scores posted by [Arcadium Lithium PLC, ALTM]. During the last 5-days, its volume was lower the volume of 14.38 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 89.64% While, its Average True Range was 0.29.
Raw Stochastic average of Arcadium Lithium PLC (ALTM) in the period of the previous 100 days is set at 5.83%, which indicates a major fall in contrast to 87.56% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 81.65% that was lower than 156.73% volatility it exhibited in the past 100-days period.
