Standard Lithium Ltd (AMEX:SLI) has a beta value of 1.98 and has seen 2.51 million shares traded in the recent trading session. The company, currently valued at $290.12M, closed the recent trade at $1.58 per share which meant it gained $0.21 on the day or 15.42% during that session. The SLI stock price is -127.22% off its 52-week high price of $3.59 and 33.54% above the 52-week low of $1.05. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.05 million shares traded. The 3-month trading volume is 800.86K shares.
The consensus among analysts is that Standard Lithium Ltd (SLI) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
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Standard Lithium Ltd (AMEX:SLI) trade information
Sporting 15.42% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SLI stock price touched $1.58 or saw a rise of 7.06%. Year-to-date, Standard Lithium Ltd shares have moved -21.72%, while the 5-day performance has seen it change 31.77%. Over the past 30 days, the shares of Standard Lithium Ltd (AMEX:SLI) have changed 32.88%. Short interest in the company has seen 4.18 million shares shorted with days to cover at 5.64.
Standard Lithium Ltd (SLI) estimates and forecasts
Figures show that Standard Lithium Ltd shares have outperformed across the wider relevant industry. The company’s shares have gained 30.69% over the past 6 months, with this year growth rate of 42.11%, compared to -3.40% for the industry.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -15.08% over the past 5 years.
SLI Dividends
Standard Lithium Ltd is expected to release its next earnings report in October this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Standard Lithium Ltd (AMEX:SLI)’s Major holders
Insiders own 15.39% of the company shares, while shares held by institutions stand at 10.04% with a share float percentage of 11.87%. Investors are also buoyed by the number of investors in a company, with Standard Lithium Ltd having a total of 115.0 institutions that hold shares in the company. The top two institutional holders are KOCH INDUSTRIES INC with over 13.48 million shares worth more than $16.85 million. As of 2024-06-30, KOCH INDUSTRIES INC held 7.5636% of shares outstanding.
The other major institutional holder is INVESCO LTD., with the holding of over 3.7 million shares as of 2024-06-30. The firm’s total holdings are worth over $4.63 million and represent 2.0788% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF and VanEck ETF Trust-VanEck Rare Earth/Strategic Metals ETF. As of Aug 31, 2024, the former fund manager holds about 2.40% shares in the company for having 4.15 shares of worth $6.39 million while later fund manager owns 2.35 shares of worth $3.62 million as of Jul 31, 2024, which makes it owner of about 1.36% of company’s outstanding stock.
