Arcadium Lithium plc (NYSE:ALTM) Given Consensus Rating of “Hold” by Analysts

Arcadium Lithium plc (NYSE:ALTM) has been assigned an average rating of “Hold” from the ten research firms that are covering the stock, Marketbeat.com reports. Ten investment analysts have rated the stock with a hold recommendation. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $11.00.

ALTM has been the topic of several recent analyst reports. B. Riley cut shares of Arcadium Lithium from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 12th. Argus cut shares of Arcadium Lithium from a “strong-buy” rating to a “hold” rating in a report on Thursday, December 12th. Finally, Scotiabank cut shares of Arcadium Lithium from a “strong-buy” rating to a “hold” rating in a report on Monday, November 11th.

Arcadium Lithium Stock Performance

Shares of Arcadium Lithium stock opened at $5.83 on Friday. Arcadium Lithium has a 52-week low of $2.19 and a 52-week high of $5.83. The stock has a market capitalization of $6.27 billion, a price-to-earnings ratio of 21.57 and a beta of 1.45. The company’s 50 day moving average price is $5.44 and its 200-day moving average price is $4.44.

Arcadium Lithium Company Profile

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.