Piedmont Lithium Inc (NASDAQ:PLL): Buy, Sell Or Hold At $13.33?

In last trading session, Piedmont Lithium Inc (NASDAQ:PLL) saw 0.49 million shares changing hands with its beta currently measuring 0.85. Company’s recent per share price level of $13.33 trading at $0.29 or 2.22% at ring of the bell on the day assigns it a market valuation of $258.20M. That closing price of PLL’s stock is at a discount of -393.02% from its 52-week high price of $65.72 and is indicating a premium of 18.83% from its 52-week low price of $10.82. Taking a look at company’s average trading volume volume of 833.78K if we extend that period to 3-months.

Piedmont Lithium Inc (NASDAQ:PLL) trade information

Upright in the green during last session for gaining 2.22%, in the last five days PLL remained trading in the green while hitting it’s week-highest on Friday, 05/03/24 when the stock touched $13.33 price level, adding 3.41% to its value on the day. Piedmont Lithium Inc’s shares saw a change of -52.78% in year-to-date performance and have moved 9.53% in past 5-day. Piedmont Lithium Inc (NASDAQ:PLL) showed a performance of 1.37% in past 30-days.

Piedmont Lithium Inc (PLL) estimates and forecasts

Statistics highlight that Piedmont Lithium Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -50.39% of value to its shares in past 6 months, showing an annual growth rate of 62.28% while that of industry is 19.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 305.00% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 14.62M for the same. And 4 analysts are in estimates of company making revenue of 21.1M in the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -126.72% during past 5 years.

PLL Dividends

Piedmont Lithium Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.