Arcadium Lithium plc (NYSE:ALTM - Get Free Report)'s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $5.84 and last traded at $5.84, with a volume of 7918893 shares trading hands. The stock had previously closed at $5.82.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on ALTM shares. Argus downgraded shares of Arcadium Lithium from a "strong-buy" rating to a "hold" rating in a report on Thursday, December 12th. B. Riley lowered shares of Arcadium Lithium from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, November 12th. Finally, Scotiabank lowered Arcadium Lithium from a "strong-buy" rating to a "hold" rating in a research note on Monday, November 11th. Ten investment analysts have rated the stock with a hold rating, According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $11.00.
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Arcadium Lithium Trading Up 0.3 %
The firm has a market capitalization of $6.28 billion, a price-to-earnings ratio of 21.61 and a beta of 1.45. The company has a fifty day moving average price of $5.53 and a two-hundred day moving average price of $4.59.
Arcadium Lithium Company Profile
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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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