Standard Lithium (OTCMKTS:SLI) Trading Down 3.4% – What’s Next?

Standard Lithium Ltd. (OTCMKTS:SLIGet Free Report)’s share price was down 3.4% on Friday . The stock traded as low as $1.37 and last traded at $1.40. Approximately 1,114,740 shares were traded during trading, a decline of 9% from the average daily volume of 1,222,860 shares. The stock had previously closed at $1.45.

Standard Lithium Trading Down 3.4 %

The company has a market capitalization of $241.85 million, a price-to-earnings ratio of -14.00 and a beta of 1.67. The stock has a 50-day simple moving average of $1.53 and a 200-day simple moving average of $1.60.

About Standard Lithium

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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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