Getting Defensive In Emerging Markets: Livent Corporation (LTHM)

Wall Street analysts will be watching closely when Livent Corporation (NYSE:LTHM) reports its quarterly earnings next, which is scheduled for Mon 13 May (In 90 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.24 per share. In the preceding quarter, the company reportedly generated EPS of $0.23 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of , a profit margin of and a gross margin of 47.10%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Livent Corporation (NYSE:LTHM). Most recently, on January 16th, 2019, Clarksons Platou Initiated a Buy rating. Before that, on January 15th, 2019, Nomura Downgrade to Neutral. Argus Initiated a Buy rating on December 13th, 2018, HSBC Securities Initiated an Buy rating on December 3rd, 2018, and Buckingham Research Initiated a Neutral rating on November 14th, 2018.

At its current price point, combined with the fact that this company has 144.62M shares outstanding, the current market capitalization sits at 1.81B. In the last trading day, 3,773,606 shares of Livent Corporation were traded, which compares to its usual volume of about 1.05M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by -$0.17 in the past five trading days, resulting in a percentage change of -1.34% and a moving average of 12.75. In the past 20 days, its price changed by -$1.51 (which is -10.74%) and the stock’s moving average was 12.86. Looking back a full 50 days, shares of LTHM changed by -$5.62 (which is -30.93%) and demonstrated a moving average of 14.19.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 51.11%, a 14-day Stochastic %K score of 47.83% and a 20-day Stochastic %K score of 29.84%. Using a similar metric, Livent Corporation (LTHM) shares showed a Stochastic %D of 37.98% over the past 9 days, a Stochastic %D score of 35.78% over the last 14 days, and a 20-day Stochastic %D of 20.00%. Meanwhile, this stock’s MACD Oscillator was 0.09 over the past 9 days, 0.00 over the past two weeks, and -0.08 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $12.55 level. Over the past 12 months, this stock has experienced a high price of $19.90 and a low of $12.10. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

BlackRock Fund Advisors Held shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Livent Corporation (NYSE:LTHM) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 1,367,865 shares of the company’s stock. This share count represents that BlackRock Fund Advisors now held 0.94% stake in Livent Corporation (LTHM)’s shares.

Just in the most recent trading day, Livent Corporation (NYSE:LTHM) experienced a high price of $12.71 and low point of $11.55. At the end of the last trading session, this stock was at 12.55 per share, following a loss of -$0.7, or -4.34% during the full day.