What’s the Analyst Recommendation for Livent Corporation (LTHM)?

Evercore ISI announced it was Initiated coverage of Livent Corporation in a research note on September 22, 2020. Raymond James rated the stock as a Strong buy in a research noted published on August 26, 2020. BMO Capital Markets rated the stock as a Market perform in a research note published on April 06, 2020.

LTHM Recent Trade

The share price of LTHM ascended by $0.53 during the exchanging session on 10/02/20 to exchange at $9.56. Livent Corporation stock has an exchanging volume of 4.41 million shares, which is high, contrasted with its 3-months average volume of 2.38M shares. Its market capitalization has now reached to $1.32B and analysts have a consensus target price of $7.90 in the 12-month period.

LTHM Past Trading Activity

The market tends to become urbane often, in any event, for prepared investors and traders. In any event, when a merchant got what he/she had expected, the market occasionally chooses to move the other way. This instability leads a few traders questioning and re-thinking their moves. This is the reason becoming acquainted with past price performance, just as both long and short time period, is significant. If we look the past performance, during the last one week, LTHM price has rose by 21.32%. In the course of past three months sees the stock go up around 47.76%, while it has gain 102.11% over the past six months and 11.81% since the start of the year.

LTHM Earning History

Earnings per share are the amount of profit that a company produces during a specific period, which is usually defined as a quarter (three calendar months) or a year. In recent quarter of (Sep 2020), the firm recorded a revenue of 64.9 billion, which was higher than the gauge of 69.76M made by certain experts. For that equivalent quarter, Livent Corporation posted $0 earnings per share (EPS) which was underneath the consensus estimate of $0.02 by -$0.02, which represents to a reduction by -100.00%.

LTHM Price Performance

Let us presently take a gander at a portion of its probable help and opposition resistance. Late research on Livent Corporation has seen its stock exchanging -2.05% underneath its three-month high price. A glance at the opposite side additionally observes stock exchanging +62.59% above its three-month low. A more extensive look sees LTHM exchanging -22.21% beneath its 52-week high and 142.03% above from its 52-week low price.

LTHM Instability & Beta Factor

The Volatility of a stock means that the stock’s drop or increase in the event that the more extensive market drops or rushes. A beta score higher than 1 implies that a stock is profoundly unpredictable while underneath 1 implies that the Volatility of a stock is low. If we look trading Volatility. Its 7-day Volatility is around 8.19%, while it has a month to month instability of 6.67%. The company has an ATR (Average True Range) of 0.62.

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