The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
The price of Piedmont Lithium Inc (NASDAQ: PLL) closed at $9.09 in the last session, up 0.17% from day before closing price of $9.07. In other words, the price has increased by $0.17 from its previous closing price. On the day, 0.54 million shares were traded. PLL stock price reached its highest trading level at $9.338 during the session, while it also had its lowest trading level at $8.655.
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 1.99 and its Current Ratio is at 1.99. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.02.
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 198331072 and an Enterprise Value of 131583072. Its current Enterprise Value per Revenue stands at 2.801 whereas that against EBITDA is -2.518.
Stock Price History:
Over the past 52 weeks, PLL has reached a high of $19.70, while it has fallen to a 52-week low of $6.57. The 50-Day Moving Average of the stock is -15.83%, while the 200-Day Moving Average is calculated to be -17.62%.
Shares Statistics:
According to the various share statistics, PLL traded on average about 655.06K shares per day over the past 3-months and 285870 shares per day over the past 10 days. A total of 21.82M shares are outstanding, with a floating share count of 20.19M. Insiders hold about 7.45% of the company’s shares, while institutions hold 35.95% stake in the company. Shares short for PLL as of 1735603200 were 3004019 with a Short Ratio of 4.59, compared to 1732838400 on 3259610. Therefore, it implies a Short% of Shares Outstanding of 3004019 and a Short% of Float of 13.919999999999998.
