Arcadium Lithium (NYSE:ALTM) Sets New 1-Year Low at $3.90

Arcadium Lithium plc (NYSE:ALTM) shares reached a new 52-week low on Tuesday . The company traded as low as 3.90 and last traded at 3.97, with a volume of 12303900 shares changing hands. The stock had previously closed at 4.11.

Analyst Upgrades and Downgrades

Separately, KeyCorp cut their price objective on shares of Arcadium Lithium from $12.00 to $11.00 and set an “overweight” rating for the company in a report on Tuesday, April 9th.

Arcadium Lithium Stock Performance

The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 2.38 and a beta of 1.82. The firm has a 50 day moving average price of 4.58.

Arcadium Lithium (NYSE:ALTM) last released its earnings results on Thursday, February 22nd. The company reported 0.34 EPS for the quarter, missing analysts’ consensus estimates of 0.36 by -0.02. The firm had revenue of 181.80 million for the quarter, compared to analyst estimates of 219.13 million.

About Arcadium Lithium

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.