Standard Lithium Ltd (AMEX: SLI)’s stock price has decreased by -5.14 compared to its previous closing price of 1.36. However, the company has seen a -3.00% decrease in its stock price over the last five trading sessions. globenewswire.com reported 2024-08-01 that VANCOUVER, British Columbia, Aug. 01, 2024 (GLOBE NEWSWIRE) — Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLI) (NYSE American:SLI) (FRA:S5L), a leading near-commercial lithium development company, today announced a leadership transition that aligns with the Company’s growth strategy and next steps in value creation.
Is It Worth Investing in Standard Lithium Ltd (AMEX: SLI) Right Now?
The stock has a 36-month beta value of 2.01.
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The public float for SLI is 170.70M, and at present, short sellers hold a 3.42% of that float. On August 01, 2024, the average trading volume of SLI was 1.10M shares.
SLI’s Market Performance
The stock of Standard Lithium Ltd (SLI) has seen a -3.00% decrease in the past week, with a -2.27% drop in the past month, and a -1.52% fall in the past quarter. The volatility ratio for the week is 4.34%, and the volatility levels for the past 30 days are at 6.61% for SLI. The simple moving average for the past 20 days is -3.51% for SLI’s stock, with a -22.58% simple moving average for the past 200 days.
SLI Trading at -9.38% 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 -71.98% of loss for the given period.
Volatility was left at 6.61%, however, over the last 30 days, the volatility rate increased by 4.34%, as shares sank -0.38% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -31.32% lower at present.
During the last 5 trading sessions, SLI fell by -1.88%, which changed the moving average for the period of 200-days by -57.77% in comparison to the 20-day moving average, which settled at $1.3368. In addition, Standard Lithium Ltd saw -36.13% 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 -0.37. Equity return is now at value -34.63, with -32.71 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 -30.49. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -662.81.
Currently, EBITDA for the company is -45.38 million with net debt to EBITDA at 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.69.
Conclusion
To sum up, Standard Lithium Ltd (SLI) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing 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.
