Arcadium Lithium plc (NYSE:ALTM - Get Free Report) has been given a consensus rating of "Hold" by the nine brokerages that are currently covering the company, MarketBeat.com reports. Nine investment analysts have rated the stock with a hold rating. The average twelve-month price target among analysts that have covered the stock in the last year is $11.00.
A number of equities research analysts have issued reports on the stock. B. Riley lowered shares of Arcadium Lithium from a "strong-buy" rating to a "hold" rating in a report on Tuesday, November 12th. Raymond James cut Arcadium Lithium from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 10th. UBS Group raised Arcadium Lithium to a "hold" rating in a research note on Tuesday, September 3rd. KeyCorp lowered Arcadium Lithium from a "strong-buy" rating to a "hold" rating in a research report on Thursday, October 10th. Finally, TD Cowen cut Arcadium Lithium from a "strong-buy" rating to a "hold" rating in a research note on Monday, October 14th.
Read Our Latest Research Report on Arcadium Lithium
Arcadium Lithium Price Performance
Shares of ALTM stock traded up $0.02 on Friday, hitting $5.25. The stock had a trading volume of 3,800,291 shares, compared to its average volume of 15,252,928. The company's 50 day moving average price is $4.82 and its 200-day moving average price is $3.84. Arcadium Lithium has a 1 year low of $2.19 and a 1 year high of $18.77. The firm has a market capitalization of $5.65 billion, a P/E ratio of 19.44 and a beta of 1.48.
Arcadium Lithium (NYSE:ALTM - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by ($0.04). The business had revenue of $203.10 million for the quarter, compared to the consensus estimate of $263.14 million.
About Arcadium Lithium
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Get Free ReportArcadium 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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