Arcadium Lithium PLC (NYSE: ALTM) kicked off on Friday, up 2.74% from the previous trading day, before settling in for the closing price of $5.11. Over the past 52 weeks, ALTM has traded in a range of $2.19-$7.27.
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It was noted that within the last five years, the titan of the Basic Materials sector saw sales topped by 50.98%. While this was happening, its average annual earnings per share was recorded -91.44%. With a float of $1.03 billion, this company’s outstanding shares have now reached $1.08 billion.
The extent of productivity of a business whose workforce counts for 2900 workers is very important to gauge. 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) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Specialty Chemicals Industry. The insider ownership of Arcadium Lithium PLC is 3.97%, while institutional ownership is 60.09%. The most recent insider transaction that took place on Nov 14 ’24, was worth 870,869. In this transaction CFO, VP & Treasurer of this company sold 166,038 shares at a rate of $5.25, taking the stock ownership to the 129,972 shares. Before that another transaction happened on Nov 13 ’24, when Company’s Chief Operations Officer sold 51,748 for $5.26, making the entire transaction worth $272,210. This insider now owns 133,627 shares in total.
Arcadium Lithium PLC (ALTM) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -91.44% per share during the next fiscal year.
Arcadium Lithium PLC (NYSE: ALTM) Trading Performance Indicators
Take a look at Arcadium Lithium PLC’s (ALTM) current performance indicators. Last quarter, stock had a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.44.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.14, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 0.15 in one year’s time.
Technical Analysis of Arcadium Lithium PLC (ALTM)
The latest stats from [Arcadium Lithium PLC, ALTM] show that its last 5-days average volume of 12.48 million was inferior to 15.19 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 50.43%. Additionally, its Average True Range was 0.10.
During the past 100 days, Arcadium Lithium PLC’s (ALTM) raw stochastic average was set at 90.25%, which indicates a significant increase from 71.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.71% in the past 14 days, which was lower than the 83.43% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.02, while its 200-day Moving Average is $4.06. Now, the first resistance to watch is $5.31. This is followed by the second major resistance level at $5.37. The third major resistance level sits at $5.47. If the price goes on to break the first support level at $5.15, it is likely to go to the next support level at $5.05. The third support level lies at $4.99 if the price breaches the second support level.
Arcadium Lithium PLC (NYSE: ALTM) Key Stats
The company with the Market Capitalisation of 5.80 billion has total of 1,075,630K Shares Outstanding. Its annual sales at the moment are 882,500 K in contrast with the sum of 330,100 K annual income. Company’s last quarter sales were recorded 203,100 K and last quarter income was 16,100 K.
