Arcadium Lithium PLC [NYSE: ALTM] slipped around 0.0 points on Monday, while shares priced at $5.84 at the close of the session, down 0.00%.
Compared to the average trading volume of 15.89M shares, ALTM reached a trading volume of 22992176 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Arcadium Lithium PLC [ALTM]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ALTM shares is $5.81 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ALTM stock is a recommendation set at 2.88. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Argus have made an estimate for Arcadium Lithium PLC shares, keeping their opinion on the stock as Hold, with their previous recommendation back on December 12, 2024. The new note on the price target was released on November 11, 2024, representing the official price target for Arcadium Lithium PLC stock. Previously, the target price had yet another raise to $3, while UBS analysts kept a Neutral rating on ALTM stock.
The Average True Range (ATR) for Arcadium Lithium PLC is set at 0.04, with the Price to Sales ratio for ALTM stock in the period of the last 12 months amounting to 6.24. The Price to Book ratio for the last quarter was 1.00, with the Price to Cash per share for the same quarter was set at 0.09.
How has ALTM stock performed recently?
Arcadium Lithium PLC [ALTM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.17. With this latest performance, ALTM shares gained by 1.74% in over the last four-week period, additionally plugging by 122.05% over the last 6 months – not to mention a rise of 13.40% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for ALTM stock in for the last two-week period is set at 67.64, with the RSI for the last a single of trading hit 68.38, and the three-weeks RSI is set at 66.54 for Arcadium Lithium PLC [ALTM]. The present Moving Average for the last 50 days of trading for this stock 5.58, while it was recorded at 5.83 for the last single week of trading, and 4.35 for the last 200 days.
Arcadium Lithium PLC [ALTM]: Deeper insight into the fundamentals
Arcadium Lithium PLC’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.56 and a Current Ratio set at 1.09.
Earnings analysis for Arcadium Lithium PLC [ALTM]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for ALTM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Arcadium Lithium PLC go to 37.89%.
Insider trade positions for Arcadium Lithium PLC [ALTM]
The top three institutional holders of ALTM stocks are: RAYMOND JAMES FINANCIAL SERVICES ADVISORS, INC. with ownership of 63335.0 shares, which is approximately 0.0118%. RAYMOND JAMES & ASSOCIATES, holding 62177.0 shares of the stock with an approximate value of $$2.58 million in ALTM stocks shares; and RAYMOND JAMES & ASSOCIATES, currently with $$0.7 million in ALTM stock with ownership which is approximately 0.0031%.
