Invesco Ltd. cut its position in shares of Standard Lithium Ltd. (NYSE:SLI - Free Report) by 7.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,094,082 shares of the company's stock after selling 248,567 shares during the quarter. Invesco Ltd. owned 1.79% of Standard Lithium worth $4,517,000 as of its most recent filing with the SEC.
Several other institutional investors have also recently added to or reduced their stakes in SLI. Koch Inc. bought a new position in Standard Lithium during the fourth quarter valued at about $29,951,000. Virtu Financial LLC acquired a new stake in shares of Standard Lithium in the fourth quarter valued at $139,000. Raymond James Financial Inc. acquired a new stake in shares of Standard Lithium during the fourth quarter worth $168,000. Commonwealth Equity Services LLC lifted its position in Standard Lithium by 104.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 128,041 shares of the company's stock worth $187,000 after acquiring an additional 65,291 shares during the last quarter. Finally, Principal Securities Inc. bought a new position in shares of Standard Lithium during the fourth quarter worth approximately $37,000. 16.77% of the stock is currently owned by institutional investors and hedge funds.
Standard Lithium Stock Down 0.3 %
Standard Lithium stock traded down $0.01 during mid-day trading on Thursday, hitting $1.48. 499,712 shares of the stock were exchanged, compared to its average volume of 1,531,179. Standard Lithium Ltd. has a 12 month low of $1.07 and a 12 month high of $2.64. The firm's fifty day simple moving average is $1.32 and its two-hundred day simple moving average is $1.58. The stock has a market capitalization of $286.06 million, a price-to-earnings ratio of 2.50 and a beta of 1.64.
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.
Featured Articles
Before you consider Standard Lithium, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Standard Lithium wasn't on the list.
While Standard Lithium currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
