Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
In the latest session, American Lithium Corp (NASDAQ: AMLI) closed at $0.67 down -2.62% from its previous closing price of $0.69. In other words, the price has decreased by -$2.62 from its previous closing price. On the day, 0.65 million shares were traded. AMLI stock price reached its highest trading level at $0.7 during the session, while it also had its lowest trading level at $0.65.
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 4.22 and its Current Ratio is at 4.22. 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 145915280 and an Enterprise Value of 138205984.
Stock Price History:
Over the past 52 weeks, AMLI has reached a high of $1.29, while it has fallen to a 52-week low of $0.32. The 50-Day Moving Average of the stock is -4.83%, while the 200-Day Moving Average is calculated to be 9.63%.
Shares Statistics:
For the past three months, AMLI has traded an average of 623.73K shares per day and 301950 over the past ten days. A total of 217.78M shares are outstanding, with a floating share count of 209.49M. Insiders hold about 3.81% of the company’s shares, while institutions hold 7.96% stake in the company. Shares short for AMLI as of 1731628800 were 1144270 with a Short Ratio of 2.31, compared to 1728950400 on 1442177.
