Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Piedmont Lithium Inc (NASDAQ: PLL) closed at $5.98 in the last session, down -0.83% from day before closing price of $6.03. In other words, the price has decreased by -$0.83 from its previous closing price. On the day, 0.21 million shares were traded. PLL stock price reached its highest trading level at $6.15 during the session, while it also had its lowest trading level at $5.81.
Ratios:
We take a closer look at PLL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.15 and its Current Ratio is at 2.15. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.01.
On November 20, 2024, ROTH MKM Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $32 to $13.
JP Morgan Downgraded its Neutral to Underweight on October 21, 2024, whereas the target price for the stock was revised from $9 to $8.
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 Dec 10 ’24 when Phillips Keith D. sold 41,867 shares for $12.31 per share. The transaction valued at 515,521 led to the insider holds 170,616 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PLL now has a Market Capitalization of 131237680 and an Enterprise Value of 93020496. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.23 while its Price-to-Book (P/B) ratio in mrq is 0.46. Its current Enterprise Value per Revenue stands at 0.874 whereas that against EBITDA is -4.646.
Stock Price History:
The Beta on a monthly basis for PLL is 0.30, which has changed by -0.4194175 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, PLL has reached a high of $15.44, while it has fallen to a 52-week low of $5.15. The 50-Day Moving Average of the stock is -10.76%, while the 200-Day Moving Average is calculated to be -31.84%.
Shares Statistics:
According to the various share statistics, PLL traded on average about 228.57K shares per day over the past 3-months and 207880 shares per day over the past 10 days. A total of 21.94M shares are outstanding, with a floating share count of 20.31M. Insiders hold about 7.44% of the company’s shares, while institutions hold 26.89% stake in the company. Shares short for PLL as of 1748563200 were 2002486 with a Short Ratio of 8.76, compared to 1745971200 on 2378728. Therefore, it implies a Short% of Shares Outstanding of 2002486 and a Short% of Float of 9.25.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
