Future Outlook And Stock Price Performance For Standard Lithium Ltd (AMEX: SLI)

In the last trading session, 2.46 million shares of the Standard Lithium Ltd (AMEX:SLI) were traded, and its beta was 1.86. Most recently the company’s share price was $1.58, and it changed around -$0.2 or -11.24% from the last close, which brings the market valuation of the company to $370.97M. SLI currently trades at a discount to its 52-week high of $2.86, offering almost -81.01% off that amount. The share price’s 52-week low was $1.05, which indicates that the current value has risen by an impressive 33.54% since then. We note from Standard Lithium Ltd’s average daily trading volume that its 10-day average is 2.03 million shares, with the 3-month average coming to 1.92 million.

Standard Lithium Ltd stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 0 recommended SLI as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Standard Lithium Ltd is expected to report earnings per share of -0.06 for the current quarter.

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Standard Lithium Ltd (AMEX:SLI) trade information

Instantly SLI has showed a red trend with a performance of -11.24% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 2.1500 on recent trading dayincreased the stock’s daily price by 26.51%. The company’s shares are currently down -21.78% year-to-date, but still down -27.19% over the last five days. On the other hand, Standard Lithium Ltd (AMEX:SLI) is -21.00% down in the 30-day period. We can see from the shorts that 4.42 million shares have been sold at a short interest cover period of 1.66 day(s).

Standard Lithium Ltd (SLI) estimates and forecasts

Standard Lithium Ltd share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -14.13 percent over the past six months and at a 61.54% annual growth rate that is well above the industry average of -7.00%.

Forecasts for the next quarter put sales growth at �.

SLI Dividends

Standard Lithium Ltd’s next quarterly earnings report is expected to be released in December.

Standard Lithium Ltd (AMEX:SLI)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 14.01% of Standard Lithium Ltd shares, and 9.29% of them are in the hands of institutional investors. The stock currently has a share float of 10.81%. Standard Lithium Ltd stock is held by 116.0 institutions, with KOCH INDUSTRIES INC being the largest institutional investor. By 2024-06-30, it held 7.5636% of the shares, which is about 13.48 million shares worth $16.85 million.

INVESCO LTD., with 2.0788% or 3.7 million shares worth $4.63 million as of 2024-06-30, holds the second largest percentage of outstanding shares.