Livent Corporation (NYSE:LTHM) went down by -1.32% from its latest closing price compared to the recent 1-year high of $33.04. The company’s stock price has collected 9.53% of gains in the last five trading sessions. Barron’s reported on 05/04/22 that Lithium for EVs Stays Hot. Livent Stock Surges After Strong Earnings, Guidance.
Is It Worth Investing in Livent Corporation (NYSE :LTHM) Right Now?
Livent Corporation (NYSE:LTHM) scored a price-to-earnings ratio above its average ratio, recording 92.35 x from its present earnings ratio. Plus, the 36-month beta value for LTHM is at 2.01. Opinions of the stock are interesting as 5 analysts out of 14 who provided ratings for Livent Corporation declared the stock was a “buy,” while 3 rated the stock as “overweight,” 6 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $33.10, which is $8.94 above the current price. LTHM currently public float of 160.61M and currently shorts hold a 13.07% ratio of that float. Today, the average trading volume of LTHM was 2.96M shares.
LTHM’s Market Performance
LTHM stocks went up by 9.53% for the week, with a monthly drop of -4.11% and a quarterly performance of 1.65%, while its annual performance rate touched 36.42%. The volatility ratio for the week stands at 10.35% while the volatility levels for the past 30 days are set at 7.14% for Livent Corporation. The simple moving average for the period of the last 20 days is -0.10% for LTHM stocks with a simple moving average of -3.00% for the last 200 days.
Analysts’ Opinion of LTHM
Many brokerage firms have already submitted their reports for LTHM stocks, with Cowen repeating the rating for LTHM by listing it as a “Outperform.” The predicted price for LTHM in the upcoming period, according to Cowen is $33 based on the research report published on May 04th of the current year 2022.
Vertical Research gave a rating of “Buy” to LTHM, setting the target price at $30 in the report published on January 04th of the current year.
LTHM Trading at -0.09% 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 -27.33% of loss for the given period.
Volatility was left at 7.14%, however, over the last 30 days, the volatility rate increased by 10.35%, as shares sank -2.56% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.95% upper at present.
During the last 5 trading sessions, LTHM rose by +9.53%, which changed the moving average for the period of 200-days by +25.64% in comparison to the 20-day moving average, which settled at $24.00. In addition, Livent Corporation saw -1.52% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at LTHM starting from Antoniazzi Gilberto, who sale 4,300 shares at the price of $23.32 back on Oct 11. After this action, Antoniazzi Gilberto now owns 47,386 shares of Livent Corporation, valued at $100,276 using the latest closing price.
Stock Fundamentals for LTHM
Current profitability levels for the company are sitting at:
- +13.94 for the present operating margin
- +26.52 for the gross margin
The net margin for Livent Corporation stands at +0.14. Equity return is now at value 6.80, with 4.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.04.