Arcadium Lithium PLC (NYSE: ALTM) on Friday, plunged -1.16% from the previous trading day, before settling in for the closing price of $5.19. Within the past 52 weeks, ALTM’s price has moved between $2.19 and $7.27.
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During the last 5-year period, the sales growth of Basic Materials Sector giant was 50.98%. The company achieved an average annual earnings per share of -91.60%. With a float of $1.03 billion, this company’s outstanding shares have now reached $1.08 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
Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. The insider ownership of Arcadium Lithium PLC is 3.96%, 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -91.60% per share during the next fiscal year.
Arcadium Lithium PLC (NYSE: ALTM) Trading Performance Indicators
Arcadium Lithium PLC (ALTM) is currently performing well based on its current performance indicators. A quick ratio of 0.65 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.06.
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 0.14 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 15.64 million, which is a jump from its year-to-date volume of 15.07 million. As of the previous 9 days, the stock’s Stochastic %D was 81.22%. Additionally, its Average True Range was 0.12.
During the past 100 days, Arcadium Lithium PLC’s (ALTM) raw stochastic average was set at 86.71%, which indicates a significant increase from 66.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.93% in the past 14 days, which was lower than the 79.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.26, while its 200-day Moving Average is $4.07. However, in the short run, Arcadium Lithium PLC’s stock first resistance to watch stands at $5.20. Second resistance stands at $5.27. The third major resistance level sits at $5.33. If the price goes on to break the first support level at $5.07, it is likely to go to the next support level at $5.01. Now, if the price goes above the second support level, the third support stands at $4.94.
Arcadium Lithium PLC (NYSE: ALTM) Key Stats
Market capitalization of the company is 5.45 billion based on 1,075,630K outstanding shares. Right now, sales total 882,500 K and income totals 330,100 K. The company made 203,100 K in profit during its latest quarter, and 16,100 K in sales during its previous quarter.
