With 1.66 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.2 million shares. The 52-week range on SLI shows that it touched its highest point at $2.64 and its lowest point at $1.07 during that stretch. It currently has a 1-year price target of $3.12. Beta for the stock currently stands at 1.61.
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 up-trending over the past week, with a rise of 7.50%, but this was up by 5.52% over a month. Three-month performance surged to 30.30% while six-month performance rose 6.83%. The stock gained 13.16% in the past year, while it has gained 17.81% so far this year. A look at the trailing 12-month EPS for SLI yields -0.23 with Next year EPS estimates of -0.05. For the next quarter, that number is -0.03. This implies an EPS growth rate of -115.61% for this year and 47.37% for next year.
Float and Shares Shorts:
At present, 194.02 million SLI shares are outstanding with a float of 167.88 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 -$0.07635865 being high and -$0.16363 being low. For SLI, this leads to a yearly average estimate of -$0.11999.
