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. Arcadium Lithium PLC’s current trading price is -42.64% away from its 52-week high, while its distance from the 52-week low is 90.06%. The stock’s price range during this period has varied between $2.19 and $7.27. The company, active in the Basic Materials sector, saw a trading volume of around 87.58 million for the day, considerably higher average daily volume of 10.92 million observed over the last three months.
The highest value for the stock in the past year was $7.27 on 10/12/23, while the lowest value was $2.19 on 09/06/24.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
How Financial Performance Impacts Market Capitalization
Arcadium Lithium PLC (ALTM) has experienced a quarterly rise of 27.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 4.48B and boasts a workforce of 2900 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 3.27, with a change in price of -0.71. Similarly, Arcadium Lithium PLC recorded 11,642,449 in trading volume during the last 100 days, posting a change of -14.55%.
How ALTM’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 ALTM stands at 0.11. Similarly, the long-term debt-to-equity ratio is also 0.10.
ALTM Stock Stochastic Average
As of today, the raw stochastic average of Arcadium Lithium PLC over the past 50 days is 89.57%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 89.50%. Additionally, the Stochastic %K and %D values for the company were 85.53% and 85.14%, respectively, over the past 20 days.
ALTM Stock Price Performance Analysis
The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. Year to date metric has recorded a loss of -38.77%.However, over the last six months, we can see a stronger performance of -6.29%. Over the last 30 days, the price of ALTM has fallen by 84.51%. And in the last five days, it has surged by 46.32%.
