Piedmont Lithium Inc (PLL) is destined for greater heights as its last quarter sales were 27,660 K

On Tuesday, Piedmont Lithium Inc (NASDAQ: PLL) opened lower -6.99% from the last session, before settling in for the closing price of $10.59. Price fluctuations for PLL have ranged from $6.57 to $31.82 over the past 52 weeks.

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Company’s average yearly earnings per share was noted -77.17% at the time writing. With a float of $17.90 million, this company’s outstanding shares have now reached $19.43 million.

Let’s look at the performance matrix of the company that is accounted for 63 employees. In terms of profitability, gross margin is 50.43%, operating margin of 1.82%, and the pretax margin is 31.68%.

Piedmont Lithium Inc (PLL) Insider Updates

A key investor’s attitude towards the stock of the Other Industrial Metals & Mining industry is another important factor to consider. The insider ownership of Piedmont Lithium Inc is 7.89%, while institutional ownership is 40.41%. The most recent insider transaction that took place on Dec 10 ’24, was worth 515,521. In this transaction President and CEO of this company sold 41,867 shares at a rate of $12.31, taking the stock ownership to the 170,616 shares.

Piedmont Lithium Inc (PLL) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.68 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -77.17% per share during the next fiscal year.

Piedmont Lithium Inc (NASDAQ: PLL) Trading Performance Indicators

Check out the current performance indicators for Piedmont Lithium Inc (PLL). In the past quarter, the stock posted a quick ratio of 1.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.06.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.43, a number that is poised to hit -0.43 in the next quarter and is forecasted to reach -0.91 in one year’s time.

Technical Analysis of Piedmont Lithium Inc (PLL)

Piedmont Lithium Inc (NASDAQ: PLL) saw its 5-day average volume 0.59 million, a negative change from its year-to-date volume of 0.71 million. As of the previous 9 days, the stock’s Stochastic %D was 10.75%. Additionally, its Average True Range was 1.02.

During the past 100 days, Piedmont Lithium Inc’s (PLL) raw stochastic average was set at 37.01%, which indicates a significant increase from 6.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.76% in the past 14 days, which was lower than the 112.21% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $12.37, while its 200-day Moving Average is $11.45. Nevertheless, the first resistance level for the watch stands at $10.20 in the near term. At $10.56, the stock is likely to face the second major resistance level. The third major resistance level sits at $10.85. If the price goes on to break the first support level at $9.55, it is likely to go to the next support level at $9.26. Assuming the price breaks the second support level, the third support level stands at $8.90.

Piedmont Lithium Inc (NASDAQ: PLL) Key Stats

There are currently 19,438K shares outstanding in the company with a market cap of 191.48 million. Presently, the company’s annual sales total 39,820 K according to its annual income of -21,780 K. Last quarter, the company’s sales amounted to 27,660 K and its income totaled -16,690 K.