Standard Lithium Ltd.’s Bumpy Road: Analyzing the 52-Week Range and Future Prospects

Standard Lithium Ltd. (SLI) current stock price is $3.82. During the last trading session, the stock soared, reaching $4.03 after opening at $4.00. The stock’s lowest point was $3.69 before it closed at $4.22.

Standard Lithium Ltd.’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $6.63 on 08/15/22, and the lowest price during that time was $2.83, recorded on 01/03/23.

52-week price history of SLI Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Standard Lithium Ltd.’s current trading price is -42.38% away from its 52-week high, while its distance from the 52-week low is 34.98%. The stock’s price range during this period has fluctuated between $2.83 and $6.63. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 2.03 million for the day, which was evidently higher than the average daily volume of 0.67 million over the last three months.

Financial Performance and Market Capitalization

Standard Lithium Ltd. (SLI) has experienced a quarterly rise of 7.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 922.61M.

Analysts’ Ratings For Standard Lithium Ltd.

As of right now, 3 analysts are rating Standard Lithium Ltd. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 4.04, with a change in price of +0.56. Similarly, Standard Lithium Ltd. recorded 683,002 in trading volume during the last 100 days, posting a change of +17.18%.

SLI Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for SLI stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.00.

SLI Stock Stochastic Average

Standard Lithium Ltd.’s raw stochastic average for the past 50 days is currently at 11.21%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 11.61%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 15.17% and 23.18%, respectively.

SLI Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded an increase of 29.49%. However, over the last six months, the performance has been stronger by -13.38%. The price of SLI decreased -16.59% over the last 30 days. And in the last five days, it has fallen by -13.18%.

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