In today’s recent session, 0.44 million shares of the Standard Lithium Ltd (AMEX:SLI) have been traded, and its beta is 1.99. Most recently the company’s share price was $1.16, and it changed around -$0.02 or -1.27% from the last close, which brings the market valuation of the company to $206.79M. SLI at last check was trading at a discount to its 52-week high of $4.85, offering almost -318.1% off that amount. The share price’s 52-week low was $1.11, which indicates that the recent value has risen by an impressive 4.31% since then. We note from Standard Lithium Ltd’s average daily trading volume that its 10-day average is 1.2 million shares, with the 3-month average coming to 1.38 million.
Standard Lithium Ltd (AMEX:SLI) trade information
Instantly SLI has been showing red trend so far today with a performance of -1.27% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -42.33% year-to-date, but still down -3.72% over the last five days. On the other hand, Standard Lithium Ltd (AMEX:SLI) is -10.38% down in the 30-day period. We can see from the shorts that 6.06 million shares have been sold at a short interest cover period of 3.73 day(s).
Standard Lithium Ltd (SLI) estimates and forecasts
Standard Lithium Ltd share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -58.39 percent over the past six months and at a 26.32% annual growth rate that is well above the industry average of 12.60%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -15.08%.
SLI Dividends
Standard Lithium Ltd’s next quarterly earnings report is expected to be released around May 11 and May 15.
Standard Lithium Ltd (AMEX:SLI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 6.13% of Standard Lithium Ltd shares, and 18.91% of them are in the hands of institutional investors. The stock currently has a share float of 20.14%. Standard Lithium Ltd stock is held by 120 institutions, with Koch Industries, Inc. being the largest institutional investor. By Jun 29, 2023, it held 7.80% of the shares, which is about 13.48 million shares worth $60.66 million.
BNP Paribas Asset Management Holding S.A., with 3.38% or 5.85 million shares worth $26.31 million as of Jun 29, 2023, holds the second largest percentage of outstanding shares.
VanEck ETF Trust-VanEck Rare Earth/Strategic Metals ETF and Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF were the top two Mutual Funds as of Sep 29, 2023. The former held 2.14 million shares worth $6.05 million, making up 1.24% of all outstanding shares. On the other hand, Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF held roughly 2.05 million shares worth around $6.84 million, which represents about 1.19% of the total shares outstanding.
