Analyzing Ratios: Arcadium Lithium PLC (ALTM)’s Financial Story Unveiled

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

The price of Arcadium Lithium PLC (NYSE: ALTM) closed at $4.74 in the last session, down -0.42% from day before closing price of $4.76. In other words, the price has decreased by -$0.42 from its previous closing price. On the day, 10.11 million shares were traded. ALTM stock price reached its highest trading level at $4.91 during the session, while it also had its lowest trading level at $4.7.


We take a closer look at ALTM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 2.41. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.17.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Argus on May 03, 2024, initiated with a Buy rating and assigned the stock a target price of $6.25.

On April 03, 2024, Raymond James Upgraded its rating to Strong Buy which previously was Outperform but kept the price unchanged to $9.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 06 ’24 when Oris de Roa Fernando bought 5,000 shares for $4.89 per share. The transaction valued at 24,450 led to the insider holds 91,000 shares of the business.

Marcet Pablo bought 14,034 shares of ALTM for $66,662 on Feb 27 ’24. The Director now owns 30,876 shares after completing the transaction at $4.75 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ALTM now has a Market Capitalization of 5093082112 and an Enterprise Value of 5663545344. Its current Enterprise Value per Revenue stands at 6.418 whereas that against EBITDA is 13.18.

Stock Price History:

Over the past 52 weeks, ALTM has reached a high of $7.27, while it has fallen to a 52-week low of $3.67. The 50-Day Moving Average of the stock is 6.02%, while the 200-Day Moving Average is calculated to be -0.55%.

Shares Statistics:

According to the various share statistics, ALTM traded on average about 11.55M shares per day over the past 3-months and 11838890 shares per day over the past 10 days. A total of 1.07B shares are outstanding, with a floating share count of 1.07B. Insiders hold about 0.21% of the company’s shares, while institutions hold 17.21% stake in the company. Shares short for ALTM as of 1713139200 were 71527234 with a Short Ratio of 6.19, compared to 1710460800 on 59889706. Therefore, it implies a Short% of Shares Outstanding of 71527234 and a Short% of Float of 7.489999999999999.

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