Standard Lithium Ltd (AMEX: SLI)’s stock price has plunge by 8.26relation to previous closing price of 1.21. Nevertheless, the company has seen a 15.93% surge in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-25 that From being among the hottest stocks, we’ve come to a point where no one seems to be interested in buying lithium stocks. It’s said that long-term investing is boring.
Is It Worth Investing in Standard Lithium Ltd (AMEX: SLI) Right Now?
The 36-month beta value for SLI is also noteworthy at 1.98.
The public float for SLI is 164.65M, and at present, short sellers hold a 3.43% of that float. The average trading volume of SLI on May 02, 2024 was 1.12M shares.
SLI’s Market Performance
The stock of Standard Lithium Ltd (SLI) has seen a 15.93% increase in the past week, with a 11.97% rise in the past month, and a -0.76% fall in the past quarter. The volatility ratio for the week is 7.44%, and the volatility levels for the past 30 days are at 5.92% for SLI. The simple moving average for the past 20 days is 13.42% for SLI’s stock, with a -43.92% simple moving average for the past 200 days.
SLI Trading at 9.73% from the 50-Day Moving Average
After a stumble in the market that brought SLI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -72.99% of loss for the given period.
Volatility was left at 5.92%, however, over the last 30 days, the volatility rate increased by 7.44%, as shares surge +11.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.50% upper at present.
During the last 5 trading sessions, SLI rose by +15.93%, which changed the moving average for the period of 200-days by -71.58% in comparison to the 20-day moving average, which settled at $1.1615. In addition, Standard Lithium Ltd saw -35.15% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SLI
The total capital return value is set at -0.38. Equity return is now at value -33.17, with -31.52 for asset returns.
Based on Standard Lithium Ltd (SLI), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -27.7. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -696.67.
Currently, EBITDA for the company is -45.38 million with net debt to EBITDA at 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.51.
Conclusion
In summary, Standard Lithium Ltd (SLI) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.
