Arcadium Lithium (NYSE:ALTM - Get Free Report) is expected to announce its earnings results after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $250.96 million for the quarter.
Arcadium Lithium Stock Performance
Shares of NYSE:ALTM traded down $0.01 during trading on Friday, reaching $5.83. The stock had a trading volume of 11,903,118 shares, compared to its average volume of 17,863,029. The business has a fifty day moving average price of $5.52 and a 200-day moving average price of $4.54. The stock has a market cap of $6.27 billion, a PE ratio of 21.57 and a beta of 1.45. Arcadium Lithium has a 1-year low of $2.19 and a 1-year high of $5.84.
Analyst Ratings Changes
Several research firms recently issued reports on ALTM. Argus downgraded Arcadium Lithium from a "strong-buy" rating to a "hold" rating in a report on Thursday, December 12th. Scotiabank cut Arcadium Lithium from a "strong-buy" rating to a "hold" rating in a research report on Monday, November 11th. Finally, B. Riley downgraded Arcadium Lithium from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, November 12th. Ten investment analysts have rated the stock with a hold rating, According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $11.00.
Check Out Our Latest Stock Analysis on Arcadium Lithium
About Arcadium Lithium
(
Get Free Report)
Arcadium Lithium plc engages in the production of lithium chemicals products in the Asia Pacific, North America, Europe, the Middle East, Africa, and Latin America. It offers battery-grade lithium hydroxide, lithium carbonate, butyllithium and high purity lithium metal for electric vehicles, electronics, agricultural, industrial, greases, polymers, pharmaceutical, battery, and aerospace applications.
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