Concentric Capital Strategies LP bought a new position in shares of Standard Lithium Ltd. (NYSE:SLI - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 515,129 shares of the company's stock, valued at approximately $752,000. Concentric Capital Strategies LP owned 0.30% of Standard Lithium at the end of the most recent quarter.
A number of other large investors also recently made changes to their positions in SLI. Gainplan LLC increased its stake in shares of Standard Lithium by 30.9% during the fourth quarter. Gainplan LLC now owns 28,875 shares of the company's stock worth $42,000 after purchasing an additional 6,815 shares during the period. Mustard Seed Financial LLC lifted its position in shares of Standard Lithium by 33.2% during the 4th quarter. Mustard Seed Financial LLC now owns 88,428 shares of the company's stock valued at $129,000 after acquiring an additional 22,062 shares during the period. U.S. Capital Wealth Advisors LLC acquired a new stake in shares of Standard Lithium during the 4th quarter worth $29,000. Principal Securities Inc. bought a new position in shares of Standard Lithium in the fourth quarter worth $37,000. Finally, Simmons Bank lifted its position in Standard Lithium by 17.7% during the fourth quarter. Simmons Bank now owns 66,476 shares of the company's stock worth $97,000 after purchasing an additional 10,000 shares during the period. Institutional investors own 16.77% of the company's stock.
Standard Lithium Trading Down 0.3%
SLI stock traded down $0.01 during mid-day trading on Tuesday, hitting $1.63. The stock had a trading volume of 645,643 shares, compared to its average volume of 1,514,621. The firm has a fifty day simple moving average of $1.35 and a 200 day simple moving average of $1.54. Standard Lithium Ltd. has a 52 week low of $1.07 and a 52 week high of $2.64. The firm has a market capitalization of $315.15 million, a P/E ratio of 2.75 and a beta of 1.61.
About Standard Lithium
(
Free Report)
Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States. Its flagship project is the Lanxess project with area of approximately 150,000 acres located in southern Arkansas. The company was formerly known as Patriot Petroleum Corp. and changed its name to Standard Lithium Ltd.
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