Arcadium Lithium PLC (NYSE:ALTM) has seen 0.61 million shares traded in the recent trading session. The company, currently valued at $4.87B, closed the recent trade at $4.53 per share which meant it lost -$0.01 on the day or -0.11% during that session. The ALTM stock price is -60.49% off its 52-week high price of $7.27 and 8.39% above the 52-week low of $4.15. If we look at the company’s 10-day average daily trading volume, we find that it stood at 15.26 million shares traded. The 3-month trading volume is 16.28 million shares.
Arcadium Lithium PLC (NYSE:ALTM) trade information
Sporting -0.11% in the red today, the stock has traded in the red over the last five days, when the ALTM stock price touched $4.53 or saw a rise of 9.94%. Year-to-date, Arcadium Lithium PLC shares have moved -33.41%, while the 5-day performance has seen it change -7.64%. Over the past 30 days, the shares of Arcadium Lithium PLC (NYSE:ALTM) have changed -3.30%. Short interest in the company has seen 57.15 million shares shorted with days to cover at 5.24.
Arcadium Lithium PLC (ALTM) estimates and forecasts
Figures show that Arcadium Lithium PLC shares have underperformed across the wider relevant industry. Revenue growth from the last financial year stood is estimated to be 48.60%.
5 analysts offering their estimates for the company have set an average revenue estimate of $272.59 million for the current quarter. 5 have an estimated revenue figure of $296.78 million for the next quarter concluding in Jun 2024.
ALTM Dividends
Arcadium Lithium PLC is expected to release its next earnings report between February 12 and February 16 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Arcadium Lithium PLC (NYSE:ALTM)’s Major holders
Insiders own 0.12% of the company shares, while shares held by institutions stand at 18.45% with a share float percentage of 18.47%. Investors are also buoyed by the number of investors in a company, with Arcadium Lithium PLC having a total of 613 institutions that hold shares in the company. The top two institutional holders are Blackrock Inc. with over 0.22 million shares worth more than $13.24 million. As of Dec 30, 2021, Blackrock Inc. held 5.76% of shares outstanding.
The other major institutional holder is Michigan (State Of) Teachers Retirement System, with the holding of over 0.17 million shares as of Dec 30, 2021. The firm’s total holdings are worth over $10.73 million and represent 4.67% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. As of Sep 29, 2021, the former fund manager holds about 2.57% shares in the company for having 96236.0 shares of worth $6.64 million while later fund manager owns 77353.0 shares of worth $4.9 million as of Nov 29, 2021, which makes it owner of about 2.06% of company’s outstanding stock.
