With 1.58 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.25 million shares. The 52-week range on SLI shows that it touched its highest point at $2.64 and its lowest point at $1.05 during that stretch. It currently has a 1-year price target of $3.11. Beta for the stock currently stands at 1.82.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SLI was down-trending over the past week, with a drop of -10.67%, but this was down by -16.77% over a month. Three-month performance dropped to -21.18% while six-month performance rose 8.94%. The stock gained 10.74% in the past year, while it has lost -8.22% so far this year. A look at the trailing 12-month EPS for SLI yields 0.59 with Next year EPS estimates of -0.11. For the next quarter, that number is -0.03. This implies an EPS growth rate of -118.38% for this year and 2.08% for next year.
Float and Shares Shorts:
At present, 184.58 million SLI shares are outstanding with a float of 153.37 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SLI since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.14274 being high and -$0.30588 being low. For SLI, this leads to a yearly average estimate of -$0.2243. Based on analyst estimates, the high estimate for the next quarter is -$0.04 and the low estimate is -$0.04. The average estimate for the next quarter is thus -$0.04.
