Standard Lithium Ltd (AMEX: SLI): This Is The Year For Success Over The Next Few Months

NOVA

In the last trading session, 1.11 million Standard Lithium Ltd (AMEX:SLI) shares changed hands as the company’s beta touched 2.00. With the company’s per share price at $1.34 changed hands at $0.06 or 4.69% during last session, the market valuation stood at $237.85M. SLI’s last price was a discount, traded about -261.94% off its 52-week high of $4.85. The share price had its 52-week low at $1.05, which suggests the last value was 21.64% up since then. When we look at Standard Lithium Ltd’s average trading volume, we note the 3-month average coming to 1.06 million.

Standard Lithium Ltd (AMEX:SLI) trade information

Instantly SLI was in green as seen at the end of in last trading. With action 6.35%, the performance over the past five days has been green. The jump to weekly highs of 1.3900 added 4.69% to the stock’s daily price. The company’s shares are showing year-to-date downside of -33.66%, with the 5-day performance at 6.35% in the green. However, in the 30-day time frame, Standard Lithium Ltd (AMEX:SLI) is 13.56% up.

Standard Lithium Ltd (SLI) estimates and forecasts

Data shows that the Standard Lithium Ltd share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -52.14% over the past 6 months, a 26.32% in annual growth rate that is considerably higher than the industry average of 10.40%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -15.08%. The 2024 estimates are for Standard Lithium Ltd earnings to increase by 6.44%.