Arcadium Lithium PLC (NYSE: ALTM) on Tuesday, remained unchanged from the previous trading day, before settling in for the closing price of $5.84. Within the past 52 weeks, ALTM’s price has moved between $2.19 and $5.87.
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Annual sales at Basic Materials sector company grew by 38.72% over the past five years. The company achieved an average annual earnings per share of 7.69%. With a float of $1.03 billion, this company’s outstanding shares have now reached $1.08 billion.
Let’s look at the performance matrix of the company that is accounted for 2604 employees. In terms of profitability, gross margin is 27.65%, operating margin of 3.97%, and the pretax margin is 21.06%.
Arcadium Lithium PLC (ALTM) Insider and Institutional Ownership
Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. The insider ownership of Arcadium Lithium PLC is 3.99%, while institutional ownership is 69.10%. The most recent insider transaction that took place on Feb 24 ’25, was worth 1,362,101. In this transaction President & CEO of this company sold 234,038 shares at a rate of $5.82, taking the stock ownership to the 1,332,430 shares. Before that another transaction happened on Feb 24 ’25, when Company’s Officer proposed sale 234,038 for $5.82, making the entire transaction worth $1,362,101.
Arcadium Lithium PLC (ALTM) Latest Financial update
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 7.69% 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 0.56 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 6.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.09, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 0.20 in one year’s time.
Technical Analysis of Arcadium Lithium PLC (ALTM)
Arcadium Lithium PLC (NYSE: ALTM) saw its 5-day average volume 17.3 million, a negative change from its year-to-date volume of 18.3 million. As of the previous 9 days, the stock’s Stochastic %D was 40.00%. Additionally, its Average True Range was 0.03.
During the past 100 days, Arcadium Lithium PLC’s (ALTM) raw stochastic average was set at 98.39%, which indicates a significant increase from 62.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 4.82% in the past 14 days, which was lower than the 47.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.59, while its 200-day Moving Average is $4.36. Nevertheless, the first resistance level for the watch stands at $5.85 in the near term. At $5.85, the stock is likely to face the second major resistance level. The third major resistance level sits at $5.86. If the price goes on to break the first support level at $5.84, it is likely to go to the next support level at $5.83. The third support level lies at $5.83 if the price breaches the second support level.
Arcadium Lithium PLC (NYSE: ALTM) Key Stats
Market capitalization of the company is 6.29 billion based on 1,076,859K outstanding shares. Right now, sales total 1,008 M and income totals 103,200 K. The company made 289,000 K in profit during its latest quarter, and -14,200 K in sales during its previous quarter.
