Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Arcadium Lithium PLC’s current trading price is -37.55% away from its 52-week high, while its distance from the 52-week low is 9.40%. The stock’s price range over this period has fluctuated between $4.15 and $7.27. The company, operating within the financial sector, had a trading volume of approximately 34.44 million for the day, which was noticeably higher than the average daily share volume of 15.91 million over the last 3 months.
The company’s stock reached a 1-year high price of $7.27 on 07/18/23, while the lowest value for the same period was recorded at $4.15 on 02/06/24.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.12, with a change in price of -11.29. Similarly, Arcadium Lithium PLC recorded 11,895,986 in trading volume during the last 100 days, posting a change of -71.32%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for ALTM stands at 0.17. Similarly, the long-term debt-to-equity ratio is also 0.17.
ALTM Stock Stochastic Average
Today, Arcadium Lithium PLC’s raw stochastic average for the past 50 days stands at 12.50%, indicating a decline from the raw stochastic average of the last 20 days, which was 15.79%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 21.80% and 29.06% respectively.
ALTM Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The index has shown a price loss of -33.33% this year. The price of ALTM fallen by 0.67% during the last 30 days period. For the last 5-days stocks have slided -6.20%.
