Arcadium Lithium PLC (NYSE: ALTM): The Stock For Success Over The Next Few Months

In the latest trading session,, 0.97 million Arcadium Lithium PLC (NYSE:ALTM) shares changed hands as the company’s beta touched 0. With the company’s most recent per share price at $3.42 changing hands around $0.04 or 1.15% at last look, the market valuation stands at $3.68B. ALTM’s current price is a discount, trading about -112.57% off its 52-week high of $7.27. The share price had its 52-week low at $3.29, which suggests the last value was 3.8% up since then. When we look at Arcadium Lithium PLC’s average trading volume, we note the 3-month average coming to 9.30 million.

Arcadium Lithium PLC (NYSE:ALTM) trade information

Instantly ALTM is in green as seen in intraday trades today. With action -12.11%, the performance over the past five days has been red. The jump to weekly highs of 4.16 added 1.15% to the stock’s daily price. The company’s shares are showing year-to-date downside of -49.79%, with the 5-day performance at -12.11% in the red. However, in the 30-day time frame, Arcadium Lithium PLC (NYSE:ALTM) is -29.51% down.

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Arcadium Lithium PLC (ALTM) estimates and forecasts

Data shows that the Arcadium Lithium PLC share is performing relatively much not better than most of its peers within the same industry. Year-over-year growth is forecast to reach 41.20% up from the last financial year.

Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 264.76M. 7 analysts are of the opinion that Arcadium Lithium PLC’s revenue for the current quarter will be 310.93M.

The 2024 estimates are for Arcadium Lithium PLC earnings to decrease by -87.68%.

ALTM Dividends

Arcadium Lithium PLC is expected to release its next quarterly earnings report in July.