The stock of Livent Corp (LTHM) has gone up by 11.42% for the week, with a -8.78% drop in the past month and a -34.30% drop in the past quarter. The volatility ratio for the week is 6.72%, and the volatility levels for the past 30 days are 5.34% for LTHM. The simple moving average for the last 20 days is -0.39% for LTHM stock, with a simple moving average of -34.28% for the last 200 days.
Is It Worth Investing in Livent Corp (NYSE: LTHM) Right Now?
Livent Corp (NYSE: LTHM) has a price-to-earnings ratio of 8.06x that is above its average ratio. Additionally, the 36-month beta value for LTHM is 1.79. There are mixed opinions on the stock, with 14 analysts rating it as a “buy,” 1 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The average price predicted by analysts for LTHM is $25.99, which is $11.55 above the current price. The public float for LTHM is 178.13M and currently, short sellers hold a 15.34% ratio of that float. The average trading volume of LTHM on November 21, 2023 was 3.89M shares.
LTHM) stock’s latest price update
Livent Corp (NYSE: LTHM) has seen a rise in its stock price by 5.17 in relation to its previous close of 13.73. However, the company has experienced a 11.42% gain in its stock price over the last five trading sessions. InvestorPlace reported 2023-11-20 that Lithium stocks have suffered tremendously since the late summer. The downturn is the result of many factors.
Analysts’ Opinion of LTHM
Many brokerage firms have already submitted their reports for LTHM stocks, with Deutsche Bank repeating the rating for LTHM by listing it as a “Buy.” The predicted price for LTHM in the upcoming period, according to Deutsche Bank is $21 based on the research report published on October 25, 2023 of the current year 2023.
LTHM Trading at -13.27% 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 -51.40% of loss for the given period.
Volatility was left at 5.34%, however, over the last 30 days, the volatility rate increased by 6.72%, as shares sank -4.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.46% lower at present.
During the last 5 trading sessions, LTHM rose by +11.42%, which changed the moving average for the period of 200-days by -44.40% in comparison to the 20-day moving average, which settled at $14.46. In addition, Livent Corp saw -27.33% 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 8,603 shares at the price of $14.38 back on Nov 15. After this action, Antoniazzi Gilberto now owns 70,397 shares of Livent Corp, valued at $123,711 using the latest closing price.
Graves Paul W, the President and CEO of Livent Corp, sale 59,244 shares at $16.90 during a trade that took place back on Oct 03, which means that Graves Paul W is holding 336,418 shares at $1,001,224 based on the most recent closing price.
Stock Fundamentals for LTHM
Current profitability levels for the company are sitting at:
- +44.04 for the present operating margin
- +51.36 for the gross margin
The net margin for Livent Corp stands at +33.63. The total capital return value is set at 26.21, while invested capital returns managed to touch 20.03. Equity return is now at value 24.24, with 17.17 for asset returns.
Based on Livent Corp (LTHM), the company’s capital structure generated 17.12 points at debt to equity in total, while total debt to capital is 14.62. Total debt to assets is 11.91, with long-term debt to equity ratio resting at 17.05. Finally, the long-term debt to capital ratio is 14.56.
When we switch over and look at the enterprise to sales, we see a ratio of 2.75, with the company’s debt to enterprise value settled at 0.06. The receivables turnover for the company is 5.92 and the total asset turnover is 0.50. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.66.
In conclusion, Livent Corp (LTHM) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.