The company's fundamentals are relatively weak. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Hold. Despite a very weak market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Its latest quarterly revenue reached 11.86M, representing a year-over-year decrease of 10.36%, while its net profit experienced a year-over-year decrease of 26.96%.
Key Metrics
The company’s current valuation score is 4.00, which is lower than the Metals & Mining industry's average of 5.13. Its current P/E ratio is -3.42, which is -4.95% below the recent high of -3.25 and -1854.67% above the recent low of -66.90.
The company’s current earnings forecast score is 6.67, which is lower than the Metals & Mining industry's average of 7.59. The average price target for Piedmont Lithium Inc is 7.50, with a high of 12.00 and a low of 7.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 6.48, which is lower than the Metals & Mining industry's average of 8.53. Sideways: Currently, the stock price is trading between the resistance level at 10.54 and the support level at 6.96, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The latest institutional shareholding proportion is 35.15%, representing a quarter-over-quarter increase of 1.52%. The largest institutional shareholder is The Vanguard, holding a total of 1.21M shares, representing 5.51% of shares outstanding, with 16.84% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Metals & Mining export-driven industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The company’s current risk assessment score is 2.91, which is lower than the Metals & Mining industry's average of 4.43. The company's beta value is 0.34. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.
