This is to seal it as Standard Lithium Ltd. (SLI) shares are up 46.64% from its 52-week low

Standard Lithium Ltd. (SLI) is priced at $4.15 after the most recent trading session. At the very opening of the session, the stock price was $4.35 and reached a high price of $4.39, prior to closing the session it reached the value of $4.34. The stock touched a low price of $4.09.Recently in News on February 9, 2023, Standard Lithium Reports Fiscal Second Quarter 2023 Results, Furthers Progress on Path Toward Commercial Development. Company Achieves Significant Milestones, Advancing First Commercial Lithium Extraction Project and Furthering Competitive Position with Innovative Technologies. You can read further details here

Standard Lithium Ltd. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $4.98 on 02/02/23, with the lowest value was $2.83 for the same time period, recorded on 01/03/23.

Standard Lithium Ltd. (SLI) full year performance was -35.05%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Standard Lithium Ltd. shares are logging -55.28% during the 52-week period from high price, and 46.64% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $2.83 and $9.28.

The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 632595 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Standard Lithium Ltd. (SLI) recorded performance in the market was 40.68%, having the revenues showcasing 0.73% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 978.53M.

Market experts do have their say about Standard Lithium Ltd. (SLI)

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.94, with a change in the price was noted -0.28. In a similar fashion, Standard Lithium Ltd. posted a movement of -6.32% for the period of last 100 days, recording 840,297 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SLI is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

Technical breakdown of Standard Lithium Ltd. (SLI)

Raw Stochastic average of Standard Lithium Ltd. in the period of last 50 days is set at 61.44%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 35.70%. In the last 20 days, the company’s Stochastic %K was 49.78% and its Stochastic %D was recorded 57.96%.

Bearing in mind the latest performance of Standard Lithium Ltd., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 40.68%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -26.94%, alongside a downfall of -35.05% for the period of the last 12 months. The shares increased approximately by -7.98% in the 7-day charts and went down by 11.86% in the period of the last 30 days. Common stock shares were driven by 0.73% during last recorded quarter.

lithium