In the latest trading session, 0.42 million Standard Lithium Ltd (AMEX:SLI) shares changed hands as the company’s beta touched 1.85. With the company’s most recent per share price at $1.52 changing hands around $0.02 or 1.33% at last look, the market valuation stands at $283.60M. SLI’s current price is a discount, trading about -73.68% off its 52-week high of $2.64. The share price had its 52-week low at $1.05, which suggests the last value was 30.92% up since then. When we look at Standard Lithium Ltd’s average trading volume, we note the 10-day average is 1.36 million shares, with the 3-month average coming to 2.13 million.
Analysts gave the Standard Lithium Ltd (SLI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SLI as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Standard Lithium Ltd’s EPS for the current quarter is expected to be -0.04.
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Standard Lithium Ltd (AMEX:SLI) trade information
Instantly SLI is in green as seen in intraday trades today. With action 7.04%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -24.75%, with the 5-day performance at 7.04% in the green. However, in the 30-day time frame, Standard Lithium Ltd (AMEX:SLI) is -12.14% down. Looking at the short shares, we see there were 4.42 million shares sold at short interest cover period of 1.66 days.
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 25.62% over the past 6 months, a 46.15% in annual growth rate that is considerably higher than the industry average of -2.90%.
According to analysts, the company will likely register a growth in its current quarter sales, forecast at 0.00%. The estimates for the next quarter sales put growth at 0.00%.
The 2024 estimates are for Standard Lithium Ltd earnings to decrease by -121.70%.
SLI Dividends
Standard Lithium Ltd is expected to release its next quarterly earnings report in January.
Standard Lithium Ltd (AMEX:SLI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 14.01% of Standard Lithium Ltd shares while 9.29% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 10.81%. There are 9.29% institutions holding the Standard Lithium Ltd stock share, with KOCH INDUSTRIES INC the top institutional holder. As of 2024-06-30, the company held 7.5636% of the shares, roughly 13.48 million SLI shares worth $16.85 million.
INVESCO LTD. holds the second largest percentage of outstanding shares, with 2.0788% or 3.7 million shares worth $4.63 million as of 2024-06-30.