Arcadium Lithium PLC (ALTM) Stock: Navigating a Year of Stock Volatility

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 -43.12% away from its 52-week high, while its distance from the 52-week low is 4.68%. The stock’s price range over this period has fluctuated between $3.95 and $7.27. The company, operating within the financial sector, had a trading volume of approximately 4.13 million for the day, which was noticeably lower than the average daily share volume of 15.5 million over the last 3 months.

The highest value in the past year was recorded at $7.27 on 07/18/23 and the lowest value was $3.95 on 03/27/24.

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Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 8.96, with a change in price of -10.10. Similarly, Arcadium Lithium PLC recorded 12,537,603 in trading volume during the last 100 days, posting a change of -70.91%.

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 11.40%, indicating a decline from the raw stochastic average of the last 20 days, which was 15.00%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 19.04% and 21.16% respectively.

ALTM Stock Price Performance Analysis

Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -39.28% since the start of this calendar year. Over the past 30 days, the price of ALTM has leaped by -25.23%. And in the last five days, it has fallen by -1.31%.

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