Standard Lithium Ltd. (SLI): What is the Risk Factor?

Standard Lithium Ltd. (AMEX:SLI) saw an upside of 3.87% to close Monday at $8.06 after adding $0.3 on the day. The 5-day average trading volume is 1,307,580 shares of the company’s common stock. It has gained $8.27 in the past week. An average of 2,557,505 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,014,256.

SLI’s 1-month performance is 20.12% or $1.35 on its low of $6.21 reached on 09/20/21. The company’s shares have touched a 52-week low of $1.33 and high of $9.36, with the stock’s rally to the 52-week high happening on 09/29/21. YTD, SLI has achieved 260.63% or $5.83. However, the current price is down -13.89%% from the 52-week high price.


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Valuation Metrics

Standard Lithium Ltd. (SLI) has a trailing price-to-earnings (P/E) ratio of 20.90 for the broader industry and 13.47 for the sector.SLI stock has a beta of 1.66. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 14.93.

Standard Lithium Ltd.’s quick ratio for the recent quarter was 20.50, with the current ratio over the same period at 20.50 meaning that SLI stock is able to fulfill its debt obligations. The firm’s gross profit as reported stood at $66.73 million against revenue of $199.86 million.

Earnings Surprise

Net income and sales went down compared to those figures reported in the previous quarter. EBITDA for the quarter stood at more than $4.58 million. SLI stock balance sheet for the recent quarter shows that total liabilities totaled 52.04 million, with total debt at $4.58 million. Shareholders hold equity totaling $3.97 million

Technical Picture

Let’s look briefly at Standard Lithium Ltd. (SLI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 59.06% to suggest the stock is trending Neutral, with historical volatility in this time period at 75.67%.

The stock’s 5-day moving average is $7.60, reflecting a +6.19% or $0.47 change from its current price. SLI is currently trading +24.38% above its 20-day SMA, +159.16% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +33.00% and +299.92% respectively.

Stochastic %K and %D was 49.85% and 44.10% and the average true range (ATR) pointed at 0.62. The RSI (14) points at 57.74%, while the 14-day stochastic is at 54.21% with the period’s ATR at 0.63. The stock’s 9-day MACD Oscillator is pointing at 0.11 and 0.02 on the 14-day charts.

Analyst Ratings

Analysts offering their rating for SLI stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate SLI as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.

What is SLI’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $4.30 and a high of $9.25, with their median price target at $5.63. Looking at these predictions, the average price target given by analysts is for Standard Lithium Ltd. (SLI) stock is $6.20.

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