Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. American Lithium Corp’s current trading price is -78.67% away from its 52-week high, while its distance from the 52-week low is -5.02%. The stock’s price range during this period has varied between $0.52 and $2.33. The company, active in the Basic Materials sector, saw a trading volume of around 0.67 million for the day, considerably higher average daily volume of 0.42 million observed over the last three months.
American Lithium Corp had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $2.33 on 06/13/23, while the lowest price during the same period was $0.52 on 04/22/24.
How Financial Performance Impacts Market Capitalization
American Lithium Corp (AMLI) has experienced a quarterly decline of -52.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 106.47M and boasts a workforce of 55 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8892, with a change in price of -0.6000. Similarly, American Lithium Corp recorded 456,669 in trading volume during the last 100 days, posting a change of -54.55%.
How AMLI’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for AMLI stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
AMLI Stock Stochastic Average
As of today, the raw stochastic average of American Lithium Corp over the last 50 days is at 2.78%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 4.05%. Further, the company’s Stochastic %K and %D values for the last 20 days were 5.71% and 7.68%, respectively.
AMLI Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -54.91%. However, over the past six months, we’ve seen a stronger performance of -56.49%. The price of AMLI leaped by -28.39% over the last 30 days. And in the last five days, it has fallen by -21.26%.
