Witnessing the stock’s movement on the chart, on Thursday, Arcadium Lithium PLC (NYSE: ALTM) had a quiet start as it plunged -5.75% to $2.46, before settling in for the price of $2.61 at the close. Taking a more long-term approach, ALTM posted a 52-week range of $2.19-$7.27.
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The Basic Materials sector firm’s twelve-monthly sales growth has been 50.98% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is -89.27%. 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 $2.65 billion. At the time of writing, stock’s 50-day Moving Average stood at $2.95, while the 200-day Moving Average is $5.62.
Arcadium Lithium PLC (ALTM) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Specialty Chemicals industry. Arcadium Lithium PLC’s current insider ownership accounts for 3.88%, in contrast to 64.60% 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 -89.27% and is forecasted to reach 0.23 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 0.17.
Technical Analysis of Arcadium Lithium PLC (ALTM)
Going through the that latest performance of [Arcadium Lithium PLC, ALTM]. Its last 5-days volume of 11.48 million was inferior to the volume of 12.31 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 44.84% While, its Average True Range was 0.17.
Raw Stochastic average of Arcadium Lithium PLC (ALTM) in the period of the previous 100 days is set at 9.58%, which indicates a major fall in contrast to 38.49% 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 85.51% that was higher than 67.44% volatility it exhibited in the past 100-days period.
