Livent Corporation (LTHM-N)
NYSE:LTHM
16.20
0.31
(1.88%) 1d
Financials
Technical Analysis
This summary was created by AI, based on 1 opinions in the last 12 months.
Livent Corporation, corresponding to the stock symbol LTHM, has recently been involved in a significant merger which has led to the cessation of its trading activities. The company previously garnered attention as a Top Pick on December 5, 2023, reflecting a price increase of 30.3% during its time of operation. However, as the shares are no longer available for trading, this investment opportunity is now considered closed by analysts. Investors who were looking into LTHM now need to assess other options, particularly in the lithium and battery materials sector. The context of this acquisition suggests strategic moves by larger players within the market, indicating the potential for future opportunities influenced by ongoing industry trends.
LTHM is a producer of high purity lithium and has contracts with EV manufacturers such as Tesla and BMW. It is expanding into Argentina and just signed a partnership with an Australian miner. It trades at 1.4x book, 8x earnings and supports a 24% ROE. We recommend placing a stop-loss at $11, looking to initially achieve $17 -- upside potential of 30%. Yield 0%
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Livent Corporation (LTHM-N) Rating
Ranking : 4 out of 5
Bullish - Buy Signals / Votes : 1
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 1
Livent Corporation (LTHM-N) Frequently Asked Questions
What is Livent Corporation stock symbol?
Livent Corporation is a American stock, trading under the symbol LTHM-N on the New York Stock Exchange (LTHM). It is usually referred to as NYSE:LTHM or LTHM-N
Is Livent Corporation a buy or a sell?
In the last year, 1 stock analyst published opinions about LTHM-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Livent Corporation .
Is Livent Corporation a good investment or a top pick?
Livent Corporation was recommended as a Top Pick by on . Read the latest stock experts ratings for Livent Corporation .
Why is Livent Corporation stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Livent Corporation worth watching?
1 stock analyst on Stockchase covered Livent Corporation In the last year. It is a trending stock that is worth watching.
What is Livent Corporation stock price?
On 2024-01-04, Livent Corporation (LTHM-N) stock closed at a price of $16.2.
Our PAST TOP PICK with LTHM has been acquired in a merger and the shares have ceased trading. This position is considered closed now.