In the last trading session, 1.23 million shares of the Standard Lithium Ltd. (AMEX:SLI) were traded, and its beta was 2.27. Most recently the company’s share price was $3.50, and it changed around -$0.46 or -11.62% from the last close, which brings the market valuation of the company to $901.70M. SLI currently trades at a discount to its 52-week high of $6.74, offering almost -92.57% off that amount. The share price’s 52-week low was $2.83, which indicates that the current value has risen by an impressive 19.14% since then. We note from Standard Lithium Ltd.’s average daily trading volume that its 10-day average is 0.7 million shares, with the 3-month average coming to 634.10K.

Standard Lithium Ltd. (AMEX:SLI) trade information

Instantly SLI has showed a red trend with a performance of -11.62% 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 3.99 on Friday, 05/19/23 increased the stock’s daily price by 12.28%. The company’s shares are currently up 18.64% year-to-date, but still down -1.41% over the last five days. On the other hand, Standard Lithium Ltd. (AMEX:SLI) is -4.11% down in the 30-day period. We can see from the shorts that 9.7 million shares have been sold at a short interest cover period of 14.58 day(s).

The consensus price target as assigned by Wall Street analysts is $8.57, which translates to bulls needing to increase their stock price by 59.16% from its current value. Analyst projections state that SLI is forecast to be at a low of $6.74 and a high of $9.58. In order for the stock price to hit the forecast high, the stock would need to plunge -173.71% from its current level, while the stock would need to crash -92.57% from its current level to reach the projected low.

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 -17.65 percent over the past six months and at a 60.00% annual growth rate that is well above the industry average of -7.30%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 8.10%.

SLI Dividends

Standard Lithium Ltd.’s next quarterly earnings report is expected to be released on February 09.

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

Upon looking at major shareholders, it appears that insiders hold 6.23% of Standard Lithium Ltd. shares, and 19.10% of them are in the hands of institutional investors. The stock currently has a share float of 20.37%. Standard Lithium Ltd. stock is held by 109 institutions, with Koch Industries, Inc. being the largest institutional investor. By Mar 30, 2023, it held 7.91% of the shares, which is about 13.48 million shares worth $51.22 million.

BNP Paribas Asset Management Holding S.A., with 3.05% or 5.2 million shares worth $19.78 million as of Mar 30, 2023, holds the second largest percentage of outstanding shares.

Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF and VanEck ETF Trust-VanEck Rare Earth/Strategic Metals ETF were the top two Mutual Funds as of Mar 30, 2023. The former held 2.89 million shares worth $10.98 million, making up 1.69% of all outstanding shares. On the other hand, VanEck ETF Trust-VanEck Rare Earth/Strategic Metals ETF held roughly 2.44 million shares worth around $9.26 million, which represents about 1.43% of the total shares outstanding.

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