On Monday, Arcadium Lithium PLC (NYSE: ALTM) was 0.19% up from the session before settling in for the closing price of $5.36. A 52-week range for ALTM has been $2.19 – $7.27.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 50.98%. When this article was written, the company’s average yearly earnings per share was at -91.04%. With a float of $1.03 billion, this company’s outstanding shares have now reached $1.07 billion.
Let’s determine the extent of company efficiency that accounts for 2900 employees. In terms of profitability, gross margin is 30.52%, operating margin of 10.9%, and the pretax margin is 27.07%.
Arcadium Lithium PLC (ALTM) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Arcadium Lithium PLC stocks. The insider ownership of Arcadium Lithium PLC is 3.88%, while institutional ownership is 59.57%. The most recent insider transaction that took place on Jun 21 ’24, was worth 16,150. In this transaction Director of this company bought 5,000 shares at a rate of $3.23, taking the stock ownership to the 5,000 shares. Before that another transaction happened on May 24 ’24, when Company’s Director bought 10,000 for $4.70, making the entire transaction worth $47,000. This insider now owns 55,674 shares in total.
Arcadium Lithium PLC (ALTM) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.34 earnings per share (EPS) during the time that was better than consensus figure (set at 0.14) by 0.2. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -91.04% per share during the next fiscal year.
Arcadium Lithium PLC (NYSE: ALTM) Trading Performance Indicators
You can see what Arcadium Lithium PLC (ALTM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.14, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.17 in one year’s time.
Technical Analysis of Arcadium Lithium PLC (ALTM)
Looking closely at Arcadium Lithium PLC (NYSE: ALTM), its last 5-days average volume was 13.04 million, which is a drop from its year-to-date volume of 15.61 million. As of the previous 9 days, the stock’s Stochastic %D was 38.87%. Additionally, its Average True Range was 0.11.
During the past 100 days, Arcadium Lithium PLC’s (ALTM) raw stochastic average was set at 93.80%, which indicates a significant increase from 29.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.77% in the past 14 days, which was lower than the 87.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.03, while its 200-day Moving Average is $4.02. However, in the short run, Arcadium Lithium PLC’s stock first resistance to watch stands at $5.40. Second resistance stands at $5.42. The third major resistance level sits at $5.46. If the price goes on to break the first support level at $5.34, it is likely to go to the next support level at $5.30. Now, if the price goes above the second support level, the third support stands at $5.28.
Arcadium Lithium PLC (NYSE: ALTM) Key Stats
There are 1,075,427K outstanding shares of the company, which has a market capitalization of 5.75 billion. As of now, sales total 882,500 K while income totals 330,100 K. Its latest quarter income was 254,500 K while its last quarter net income were 85,700 K.
