Standard Lithium Ltd. (SLI) Shares: Are They Risky Or Cheap?

Standard Lithium Ltd. (AMEX:SLI) finished Wednesday with a subtraction of -$0.17 to close at $3.02, a downside of -5.33 percent. An average of 1,143,260 shares of common stock have been traded in the last five days. There was a fall of -$0.23 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 815,180 shares traded, while the 50-day average volume stands at 827,440.

SLI stock has decreased by -24.69% in the last month. The company shares reached their 1-month lowest point of $2.97 on 12/28/22. With the stock rallying to its 52-week high on 01/04/22, shares of the company touched a low of $3.00 and a high of $10.11 in 52 weeks. It has reached a new high 2 times so far this year and lost -69.22% or -$6.79 in price. In spite of this, the price is down -70.13% from the 52-week high.

Valuation Metrics

Standard Lithium Ltd. (SLI) stock’s beta is 2.05. Other valuation ratios to consider include the price-to-book (PB) ratio at 2.80.

Financial Health

The quick ratio of Standard Lithium Ltd. for the recent quarter was 25.60, and the current ratio was 25.60, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.00 for the recent quarter.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Standard Lithium Ltd.’s return on assets was -16.60%.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Standard Lithium Ltd. (SLI) price momentum. RSI 9-day as of the close on 28 December was 21.22%, suggesting the stock is oversold, with historical volatility in this time frame at 40.33%.

As of today, SLI’s price is $3.23 -7.08% or -$0.23 from its 5-day moving average. SLI is currently trading -23.74% lower than its 20-day SMA and -47.84% lower than its 100-day SMA. However, the stock’s current price level is -17.03% below the SMA50 and -44.79% below the SMA200.

The stochastic %K and %D were 11.31% and 16.24%, respectively, and the average true range (ATR) was 0.22. With the 14-day stochastic at 4.92% and the average true range at 0.23, the RSI (14) stands at 28.83%. The stock has reached -0.13 on the 9-day MACD Oscillator while the 14-day reading was at -0.27.

Analyst Ratings

The consensus rating for Standard Lithium Ltd. (SLI) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell SLI, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.

What is SLI’s price target for the next 12 months?

Analysts predict a range of price targets between $13.00 and $16.00, with a median target of $15.00. Taking a look at these predictions, the average price target given by analysts for Standard Lithium Ltd. (SLI) stock is $14.67.

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