Currently, there are 1.08B common shares owned by the public and among those 1.03B shares have been available to trade.
The company’s stock has a 5-day price change of 9.69% and 1.98% over the past three months. ALTM shares are trading 10.33% year to date (YTD), with the 12-month market performance down to -13.06% lower. It has a 12-month low price of $2.19 and touched a high of $6.75 over the same period. ALTM has an average intraday trading volume of 23.01 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 9.46%, 8.16%, and 38.01% respectively.
Institutional ownership of Arcadium Lithium PLC (NYSE: ALTM) shares accounts for 60.02% of the company’s 1.08B shares outstanding.
It has a market capitalization of $6.09B and a beta (3y monthly) value of -2.86. The stock’s trailing 12-month PE ratio is 40.84, while the earnings-per-share (ttm) stands at $0.14. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.48% over the week and 1.97% over the month.
Earnings per share for the fiscal year are expected to decrease by -91.80%, and -14.36% over the next financial year.
Scotiabank coverage for the Arcadium Lithium PLC (ALTM) stock in a research note released on November 11, 2024 offered a Sector Perform rating with a price target of $5.85. UBS was of a view on September 03, 2024 that the stock is Neutral, while Deutsche Bank gave the stock Hold rating on August 22, 2024, issuing a price target of $3. Goldman on their part issued Neutral rating on June 27, 2024.
