Moreover, the 36-month beta value for PLL is 0.51. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for PLL is 20.30M and currently, short sellers hold a 14.49% of that float. On March 10, 2025, PLL’s average trading volume was 365.48K shares.
PLL) stock’s latest price update
The stock of Piedmont Lithium Inc (NASDAQ: PLL) has increased by 11.15 when compared to last closing price of 6.86.Despite this, the company has seen a gain of 7.39% in its stock price over the last five trading days. seekingalpha.com reported 2025-02-20 that Piedmont Lithium Inc. (NASDAQ:PLL ) Q4 2024 Results Conference Call February 20, 2025 8:30 AM ET Company Participants John Koslow – Investor Relations Keith Phillips – President & Chief Executive Officer Michael White – Chief Financial Officer Conference Call Participants Bill Peterson – JPMorgan Joseph Reagor – ROTH Capital Noel Parks – Tuohy Brothers Greg Jones – BMO Operator Thank you for standing by. My name is Kathleen, and I will be your conference operator today.
PLL’s Market Performance
PLL’s stock has risen by 7.39% in the past week, with a monthly drop of -8.68% and a quarterly drop of -37.09%. The volatility ratio for the week is 10.56% while the volatility levels for the last 30 days are 6.33% for Piedmont Lithium Inc The simple moving average for the past 20 days is -1.62% for PLL’s stock, with a -25.39% simple moving average for the past 200 days.
Analysts’ Opinion of PLL
Many brokerage firms have already submitted their reports for PLL stocks, with Macquarie repeating the rating for PLL by listing it as a “Neutral.” The predicted price for PLL in the upcoming period, according to Macquarie is $13.50 based on the research report published on November 21, 2024 of the previous year 2024.
ROTH MKM, on the other hand, stated in their research note that they expect to see PLL reach a price target of $13, previously predicting the price at $32. The rating they have provided for PLL stocks is “Neutral” according to the report published on November 20th, 2024.
JP Morgan gave a rating of “Underweight” to PLL, setting the target price at $8 in the report published on October 21st of the previous year.
PLL Trading at -9.43% from the 50-Day Moving Average
After a stumble in the market that brought PLL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -56.82% of loss for the given period.
Volatility was left at 6.33%, however, over the last 30 days, the volatility rate increased by 10.56%, as shares sank -7.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.76% lower at present.
During the last 5 trading sessions, PLL rose by +7.39%, which changed the moving average for the period of 200-days by -50.10% in comparison to the 20-day moving average, which settled at $7.75. In addition, Piedmont Lithium Inc saw -12.76% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PLL starting from Phillips Keith D., who sale 41,867 shares at the price of $12.31 back on Dec 10 ’24. After this action, Phillips Keith D. now owns 170,616 shares of Piedmont Lithium Inc, valued at $515,521 using the latest closing price.
Stock Fundamentals for PLL
The total capital return value is set at -0.14.
Based on Piedmont Lithium Inc (PLL), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -14.0. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -345.48.
Currently, EBITDA for the company is -9.56 million with net debt to EBITDA at 10.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.23.
Conclusion
To wrap up, the performance of Piedmont Lithium Inc (PLL) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
