The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Piedmont Lithium Inc’s current trading price is -54.30% away from its 52-week high, while its distance from the 52-week low is 29.47%. The stock’s price range for this period has been between $6.57 and $18.60 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 0.53 million for the day, a number notably lower than the average daily volume of 0.64 million over the last three months.
In terms of market performance, Piedmont Lithium Inc had a fairly uneven. The highest value for the stock in the past year was $18.60 on 01/24/24, and the lowest value was recorded at $6.57 on 09/09/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Piedmont Lithium Inc (PLL) has experienced a quarterly decline of -26.41% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 185.47M and boasts a workforce of 63 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.46, with a change in price of -0.28. Similarly, Piedmont Lithium Inc recorded 740,482 in trading volume during the last 100 days, posting a change of -3.19%.
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 PLL stands at 0.09. Similarly, the long-term debt-to-equity ratio is also 0.02.
PLL Stock Stochastic Average
As of today, Piedmont Lithium Inc’s raw stochastic average for the last 50 days stands at 2.09%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 6.70%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 26.72% and 33.71%, respectively.
PLL Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -2.75% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -25.96%. Over the past 30 days, the price of PLL has leaped by -7.21%. And in the last five days, it has fallen by -4.60%.
