Livent Corporation (NYSE:LTHM) went down by -0.81% from its latest closing price compared to the recent 1-year high of $27.27. The company’s stock price has collected -5.42% of loss in the last five trading sessions. Press Release reported 12 hours ago that TEM Program Results Pending
Is It Worth Investing in Livent Corporation (NYSE :LTHM) Right Now?
Opinions of the stock are interesting as 3 analysts out of 16 who provided ratings for Livent Corporation declared the stock was a “buy,” while 1 rated the stock as “overweight,” 9 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $24.03, which is -$0.83 below the current price. LTHM currently public float of 145.46M and currently shorts hold a 18.49% ratio of that float. Today, the average trading volume of LTHM was 2.88M shares.
LTHM’s Market Performance
LTHM stocks went down by -5.42% for the week, with a monthly drop of -5.50% and a quarterly performance of 38.20%, while its annual performance rate touched 171.64%. The volatility ratio for the week stands at 6.22% while the volatility levels for the past 30 days are set at 5.84% for Livent Corporation. The simple moving average for the period of the last 20 days is -1.19% for LTHM stocks with a simple moving average of 25.61% for the last 200 days.
Analysts’ Opinion of LTHM
Many brokerage firms have already submitted their reports for LTHM stocks, with BofA Securities repeating the rating for LTHM by listing it as a “Underperform.” The predicted price for LTHM in the upcoming period, according to BofA Securities is $19 based on the research report published on August 11th of the current year 2021.
Vertical Research, on the other hand, stated in their research note that they expect to see LTHM reach a price target of $22. The rating they have provided for LTHM stocks is “Hold” according to the report published on August 09th, 2021.
Evercore ISI gave a rating of “Outperform” to LTHM, setting the target price at $22 in the report published on April 19th of the current year.
LTHM Trading at 10.65% from the 50-Day Moving Average
After a stumble in the market that brought LTHM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.47% of loss for the given period.
Volatility was left at 5.84%, however, over the last 30 days, the volatility rate increased by 6.22%, as shares sank -0.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.91% upper at present.
During the last 5 trading sessions, LTHM fell by -5.42%, which changed the moving average for the period of 200-days by +55.15% in comparison to the 20-day moving average, which settled at $24.71. In addition, Livent Corporation saw 29.62% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at LTHM starting from Graves Paul W, who sale 3,715 shares at the price of $20.59 back on Feb 18. After this action, Graves Paul W now owns 225,407 shares of Livent Corporation, valued at $76,492 using the latest closing price.
Graves Paul W, the President and CEO of Livent Corporation, sale 4,991 shares at $22.09 during a trade that took place back on Jan 08, which means that Graves Paul W is holding 241,957 shares at $110,251 based on the most recent closing price.
Stock Fundamentals for LTHM
Current profitability levels for the company are sitting at:
- +2.98 for the present operating margin
- +19.40 for the gross margin
The net margin for Livent Corporation stands at -6.56. The total capital return value is set at 1.12, while invested capital returns managed to touch -2.47. Equity return is now at value -1.80, with -1.10 for asset returns.
Based on Livent Corporation (LTHM), the company’s capital structure generated 44.70 points at debt to equity in total, while total debt to capital is 30.89. Total debt to assets is 27.00, with long-term debt to equity ratio resting at 44.45. Finally, the long-term debt to capital ratio is 30.72.
When we switch over and look at the enterprise to sales, we see a ratio of 10.39, with the company’s debt to enterprise value settled at 0.08. The receivables turnover for the company is 2.73 and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.04.