Arcadium Lithium PLC (NYSE: ALTM) has a price-to-earnings ratio that is above its average at 41.27x. The stock has a 36-month beta value of -2.86. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 1 as “overweight,” 18 as “hold,” and 0 as “sell.”
The public float for ALTM is 1.03B, and at present, short sellers hold a 4.36% of that float. On January 20, 2025, the average trading volume of ALTM was 15.18M shares.
ALTM) stock’s latest price update
The stock of Arcadium Lithium PLC (NYSE: ALTM) has increased by 0.35 when compared to last closing price of 5.70. Despite this, the company has experienced a 1.06% gain in its stock price over the last five trading sessions. reuters.com reported 2025-01-17 that Anglo-Australian mining giant Rio Tinto, plans to create a standalone lithium division after it closes its $6.7 billion acquisition of Arcadium Lithium, according to an internal memo seen by Reuters.
ALTM’s Market Performance
ALTM’s stock has risen by 1.06% in the past week, with a monthly rise of 12.38% and a quarterly rise of 3.44%. The volatility ratio for the week is 0.53% while the volatility levels for the last 30 days are 1.75% for Arcadium Lithium PLC The simple moving average for the past 20 days is 7.59% for ALTM’s stock, with a 38.24% simple moving average for the past 200 days.
Analysts’ Opinion of ALTM
Scotiabank, on the other hand, stated in their research note that they expect to see ALTM reach a price target of $5.85. The rating they have provided for ALTM stocks is “Sector Perform” according to the report published on November 11th, 2024.
UBS gave a rating of “Neutral” to ALTM, setting the target price at $3 in the report published on September 03rd of the previous year.
ALTM Trading at 8.68% from the 50-Day Moving Average
After a stumble in the market that brought ALTM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.17% of loss for the given period.
Volatility was left at 1.75%, however, over the last 30 days, the volatility rate increased by 0.53%, as shares surge +13.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.34% upper at present.
During the last 5 trading sessions, ALTM rose by +1.06%, which changed the moving average for the period of 200-days by +38.16% in comparison to the 20-day moving average, which settled at $5.32. In addition, Arcadium Lithium PLC saw 11.50% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ALTM starting from Antoniazzi Gilberto, who sale 166,038 shares at the price of $5.25 back on Nov 14 ’24. After this action, Antoniazzi Gilberto now owns 129,972 shares of Arcadium Lithium PLC, valued at $870,869 using the latest closing price.
Fochtman Barbara A, the Chief Operations Officer of Arcadium Lithium PLC, sale 51,748 shares at $5.26 during a trade that took place back on Nov 13 ’24, which means that Fochtman Barbara A is holding 133,627 shares at $272,210 based on the most recent closing price.
Stock Fundamentals for ALTM
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.31 for the gross margin
The net margin for Arcadium Lithium PLC stands at 0.17. The total capital return value is set at 0.01. Equity return is now at value 20.46, with 12.45 for asset returns.
Based on Arcadium Lithium PLC (ALTM), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at -0.16.
Currently, EBITDA for the company is 419.4 million with net debt to EBITDA at 2.46. When we switch over and look at the enterprise to sales, we see a ratio of 7.26. The receivables turnover for the company is 10.38for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.18.
Conclusion
To sum up, Arcadium Lithium PLC (ALTM) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
