Arcadium Lithium (NYSE:ALTM) Price Target Lowered to $11.00 at KeyCorp

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Arcadium Lithium (NYSE:ALTM - Free Report) had its price target cut by KeyCorp from $12.00 to $11.00 in a research note released on Tuesday morning, Stock Target Advisor reports. They currently have an overweight rating on the stock.

Arcadium Lithium Price Performance

Shares of NYSE ALTM traded down 0.06 during trading hours on Tuesday, hitting 4.39. 9,163,900 shares of the company's stock were exchanged, compared to its average volume of 15,319,428. Arcadium Lithium has a 1-year low of 3.95 and a 1-year high of 29.17. The stock has a market cap of $4.72 billion, a PE ratio of 2.80 and a beta of 1.82. The firm has a 50-day moving average of 4.66.

Arcadium Lithium (NYSE:ALTM - Get Free Report) last posted its quarterly earnings data on Thursday, February 22nd. The company reported 0.34 earnings per share for the quarter, missing the consensus estimate of 0.36 by -0.02. The company had revenue of 181.80 million during the quarter, compared to analyst estimates of 219.13 million.

Arcadium Lithium Company Profile

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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.

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