Arcadium Lithium PLC (NYSE: ALTM) kicked off on Monday, down -0.35% from the previous trading day, before settling in for the closing price of $5.75. Over the past 52 weeks, ALTM has traded in a range of $2.19-$5.76.
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Basic Materials Sector giant saw their annual sales surged by 50.98% over the last five years. While this was happening, its average annual earnings per share was recorded -91.63%. With a float of $1.03 billion, this company’s outstanding shares have now reached $1.08 billion.
The firm has a total of 2900 workers. Let’s measure their productivity. 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 Activity
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 3.96%, while institutional ownership is 59.99%. 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) Earnings and Forecasts
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 -91.63% 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 6.84.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.14, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.17 in one year’s time.
Technical Analysis of Arcadium Lithium PLC (ALTM)
Analysing the last 5-days average volume posted by the [Arcadium Lithium PLC, ALTM], we can find that recorded value of 14.07 million was lower than the volume posted last year of 20.44 million. As of the previous 9 days, the stock’s Stochastic %D was 74.60%. Additionally, its Average True Range was 0.08.
During the past 100 days, Arcadium Lithium PLC’s (ALTM) raw stochastic average was set at 99.16%, which indicates a significant increase from 94.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.58% in the past 14 days, which was lower than the 76.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.30, while its 200-day Moving Average is $4.17. Now, the first resistance to watch is $5.74. This is followed by the second major resistance level at $5.76. The third major resistance level sits at $5.76. If the price goes on to break the first support level at $5.72, it is likely to go to the next support level at $5.72. Should the price break the second support level, the third support level stands at $5.70.
Arcadium Lithium PLC (NYSE: ALTM) Key Stats
The company with the Market Capitalisation of 6.16 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.