Arcadium Lithium PLC (NYSE: ALTM): Performance Review And Forecast

In today’s recent session, 3.78 million shares of the Arcadium Lithium PLC (NYSE:ALTM) were traded. Most recently the company’s share price was $3.14, and it changed around -$0.18 or -5.27% from the last close, which brings the market valuation of the company to $3.38B. ALTM at last check was trading at a discount to its 52-week high of $7.27, offering almost -131.53% off that amount. The share price’s 52-week low was $3.18, which indicates that the recent value has fallen by an impressive -1.27% since then. We note from Arcadium Lithium PLC’s average daily trading volume that its 3-month average coming to 9.38 million.

Arcadium Lithium PLC stock received a consensus recommendation rating of Buy, based on a mean score of 1.78. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended ALTM as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Arcadium Lithium PLC is expected to report earnings per share of 0.05 for the current quarter.

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Arcadium Lithium PLC (NYSE:ALTM) trade information

Instantly ALTM has been showing red trend so far today with a performance of -5.27% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -53.82% year-to-date, but still down -6.95% over the last five days. On the other hand, Arcadium Lithium PLC (NYSE:ALTM) is -30.88% down in the 30-day period.

The consensus price target as assigned by Wall Street analysts is $6.08, which translates to bulls needing to increase their stock price by 48.36% from its current value. Analyst projections state that ALTM is forecast to be at a low of $3.75 and a high of $9.

Arcadium Lithium PLC (ALTM) estimates and forecasts

Arcadium Lithium PLC share prices are performing particularly well not compared to other companies within the same industry. The year-over-year growth rate is expected to be 39.70%, up from the previous year.

Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 264.78M in revenue for the current quarter. 7 analysts expect Arcadium Lithium PLC to make 296.51M in revenue for the current ending quarter.

ALTM Dividends

Arcadium Lithium PLC’s next quarterly earnings report is expected to be released in July.