Piedmont Lithium Limited (NASDAQ:PLL) went up by 2.27% from its latest closing price compared to the recent 1-year high of $54.50. The company’s stock price has collected 20.75% of gains in the last five trading sessions. Press Release reported on 01/14/21 that Piedmont Enhances Senior Management Team
Is It Worth Investing in Piedmont Lithium Limited (NASDAQ :PLL) Right Now?
Opinions of the stock are interesting as 6 analysts out of 6 who provided ratings for Piedmont Lithium Limited declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $39.35, which is $0.34 above the current price. PLL currently public float of 9.25M and currently shorts hold a 5.61% ratio of that float. Today, the average trading volume of PLL was 1.07M shares.
PLL’s Market Performance
PLL stocks went up by 20.75% for the week, with a monthly jump of 60.37% and a quarterly performance of 27.84%, while its annual performance rate touched 392.89%. The volatility ratio for the week stands at 10.17% while the volatility levels for the past 30 days are set at 10.54% for Piedmont Lithium Limited. The simple moving average for the period of the last 20 days is 33.89% for PLL stocks with a simple moving average of 181.58% for the last 200 days.
Analysts’ Opinion of PLL
Many brokerage firms have already submitted their reports for PLL stocks, with BTIG Research repeating the rating for PLL by listing it as a “Buy.” The predicted price for PLL in the upcoming period, according to BTIG Research is $40 based on the research report published on December 11th of the previous year 2020.
PLL Trading at 46.67% from the 50-Day Moving Average
After a stumble in the market that brought PLL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.94% of loss for the given period.
Volatility was left at 10.54%, however, over the last 30 days, the volatility rate increased by 10.17%, as shares surge +56.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +71.31% upper at present.
During the last 5 trading sessions, PLL rose by +20.75%, which changed the moving average for the period of 200-days by +799.12% in comparison to the 20-day moving average, which settled at $31.29. In addition, Piedmont Lithium Limited saw 54.09% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for PLL
The total capital return value is set at -42.77, while invested capital returns managed to touch -38.23.
Based on Piedmont Lithium Limited (PLL), the company’s capital structure generated 10.76 points at debt to equity in total, while total debt to capital is 9.71. Total debt to assets is 9.35, with long-term debt to equity ratio resting at 7.82. Finally, the long-term debt to capital ratio is 7.06.
The liquidity ratio also appears to be rather interesting for investors as it stands at 11.10.