A new trading day began on Tuesday, with Piedmont Lithium Inc (NASDAQ: PLL) stock price up 11.46% from the previous day of trading, before settling in for the closing price of $6.72. PLL’s price has ranged from $5.15 to $15.44 over the past 52 weeks.
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During the last 5-year period, the sales drop of Basic Materials Sector giant was -191.07%. Meanwhile, its annual earnings per share averaged -21.40%. With a float of $20.31 million, this company’s outstanding shares have now reached $21.94 million.
Let’s determine the extent of company efficiency that accounts for 23 employees. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Piedmont Lithium Inc (PLL) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Other Industrial Metals & Mining Industry. The insider ownership of Piedmont Lithium Inc is 7.44%, while institutional ownership is 26.91%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -21.40% per share during the next fiscal year.
Piedmont Lithium Inc (NASDAQ: PLL) Trading Performance Indicators
Here are Piedmont Lithium Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.81, a number that is poised to hit -0.51 in the next quarter and is forecasted to reach -1.38 in one year’s time.
Technical Analysis of Piedmont Lithium Inc (PLL)
Looking closely at Piedmont Lithium Inc (NASDAQ: PLL), its last 5-days average volume was 0.61 million, which is a jump from its year-to-date volume of 0.28 million. As of the previous 9 days, the stock’s Stochastic %D was 71.26%.
During the past 100 days, Piedmont Lithium Inc’s (PLL) raw stochastic average was set at 60.94%, which indicates a significant decrease from 92.77% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.43 in the past 14 days, which was higher than the 0.42 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.45, while its 200-day Moving Average is $8.68. However, in the short run, Piedmont Lithium Inc’s stock first resistance to watch stands at $7.82. Second resistance stands at $8.15. The third major resistance level sits at $8.66. If the price goes on to break the first support level at $6.98, it is likely to go to the next support level at $6.47. Should the price break the second support level, the third support level stands at $6.14.
Piedmont Lithium Inc (NASDAQ: PLL) Key Stats
With a market capitalization of 164.41 million, the company has a total of 21,946K Shares Outstanding. Currently, annual sales are 99,880 K while annual income is -64,760 K. The company’s previous quarter sales were 20,000 K while its latest quarter income was -15,630 K.
