In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, American Lithium Corp (NASDAQ: AMLI) closed at $0.50 down -7.94% from its previous closing price of $0.54. In other words, the price has decreased by $-7.94 from its previous closing price. On the day, 0.67 million shares were traded. AMLI stock price reached its highest trading level at $0.533 during the session, while it also had its lowest trading level at $0.4854.
Ratios:
For a deeper understanding of American Lithium Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.73 and its Current Ratio is at 10.73. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, B. Riley Securities on March 01, 2023, initiated with a Buy rating and assigned the stock a target price of $5.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AMLI now has a Market Capitalization of 107627040 and an Enterprise Value of 94569688.
Stock Price History:
The Beta on a monthly basis for AMLI is 1.79, which has changed by -0.74210525 over the last 52 weeks, in comparison to a change of 0.2006725 over the same period for the S&P500. Over the past 52 weeks, AMLI has reached a high of $2.33, while it has fallen to a 52-week low of $0.52. The 50-Day Moving Average of the stock is -29.97%, while the 200-Day Moving Average is calculated to be -57.69%.
Shares Statistics:
For the past three months, AMLI has traded an average of 424.00K shares per day and 374910 over the past ten days. A total of 214.09M shares are outstanding, with a floating share count of 206.77M. Insiders hold about 3.67% of the company’s shares, while institutions hold 8.14% stake in the company. Shares short for AMLI as of 1711584000 were 1807401 with a Short Ratio of 4.26, compared to 1709164800 on 1913658.
Earnings Estimates
As of right now, AMLX analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $53.54, with high estimates of $0.50 and low estimates of $47.19.
