Arcadium Lithium PLC (ALTM) average volume reaches $11.26M: Are the Stars Lining Up for Investors?

Arcadium Lithium PLC (NYSE: ALTM) started the day on Thursday, with a price decrease of -2.45% at $2.39, before settling in for the price of $2.45 at the close. Taking a more long-term approach, ALTM posted a 52-week range of $2.38-$7.27.

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In the past 5-years timespan, the Basic Materials sector firm’s annual sales growth was 50.98%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -89.33%. This publicly-traded company’s shares outstanding now amounts to $1.07 billion, simultaneously with a float of $1.03 billion. The organization now has a market capitalization sitting at $2.57 billion. At the time of writing, stock’s 50-day Moving Average stood at $3.05, while the 200-day Moving Average is $5.91.

Arcadium Lithium PLC (ALTM) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Specialty Chemicals Industry. Arcadium Lithium PLC’s current insider ownership accounts for 3.86%, in contrast to 64.52% institutional ownership. According to the most recent insider trade that took place on Jun 21 ’24, this organization’s Director bought 5,000 shares at the rate of 3.23, making the entire transaction reach 16,150 in total value, affecting insider ownership by 5,000. Preceding that transaction, on May 24 ’24, Company’s Director bought 10,000 for 4.70, making the whole transaction’s value amount to 47,000. This particular insider is now the holder of 55,674 in total.

Arcadium Lithium PLC (ALTM) Earnings and Revenue Records

Arcadium Lithium PLC’s EPS decrease for this current 12-month fiscal period is -89.33% and is forecasted to reach 0.24 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 1.56. The Stock has managed to achieve an average true range (ATR) of 0.16.

Technical Analysis of Arcadium Lithium PLC (ALTM)

If we take a close look at the recent performances of Arcadium Lithium PLC (NYSE: ALTM), its last 5-days Average volume was 9.61 million that shows plunge from its year to date volume of 12.33 million. During the previous 9 days, stock’s Stochastic %D was recorded 8.39% While, its Average True Range was 0.15.

Raw Stochastic average of Arcadium Lithium PLC (ALTM) in the period of the previous 100 days is set at 0.39%, which indicates a major fall in contrast to 1.96% 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 65.55% that was higher than 63.01% volatility it exhibited in the past 100-days period.