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. Standard Lithium Ltd’s current trading price is -48.11% away from its 52-week high, while its distance from the 52-week low is 30.48%. The stock’s price range during this period has varied between $1.05 and $2.64. The company, active in the Basic Materials sector, saw a trading volume of around 1.36 million for the day, considerably higher average daily volume of 1.24 million observed over the last three months.
Standard Lithium Ltd had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $2.64 on 10/30/24, while the lowest price during the same period was $1.05 on 04/22/24.
How Financial Performance Impacts Market Capitalization
Standard Lithium Ltd (SLI) has experienced a quarterly decline of -23.46% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 255.61M and boasts a workforce of 45 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 1.7063, with a change in price of -0.3600. Similarly, Standard Lithium Ltd recorded 1,730,847 in trading volume during the last 100 days, posting a change of -20.81%.
How SLI’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 SLI stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
SLI Stock Stochastic Average
As of today, the raw stochastic average of Standard Lithium Ltd over the last 50 days is at 36.07%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 47.83%. Further, the company’s Stochastic %K and %D values for the last 20 days were 22.19% and 16.42%, respectively.
SLI 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 -6.16%. However, over the past six months, we’ve seen a weaker performance of 6.20%. The price of SLI leaped by -8.05% over the last 30 days. And in the last five days, it has surged by 3.01%.
