Raymond James & Associates Buys 7,391 Shares of Standard Lithium Ltd. (NYSEAMERICAN:SLI)

Raymond James & Associates grew its position in shares of Standard Lithium Ltd. (NYSEAMERICAN:SLIFree Report) by 19.8% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 44,638 shares of the company’s stock after buying an additional 7,391 shares during the quarter. Raymond James & Associates’ holdings in Standard Lithium were worth $126,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Legacy Capital Wealth Partners LLC bought a new position in shares of Standard Lithium in the third quarter worth $176,000. Hedge funds and other institutional investors own 17.87% of the company’s stock.

Standard Lithium Price Performance

SLI opened at $1.52 on Thursday. The stock has a market cap of $262.58 million, a P/E ratio of -7.24 and a beta of 1.96. Standard Lithium Ltd. has a twelve month low of $1.11 and a twelve month high of $4.88.

Standard Lithium (NYSEAMERICAN:SLIGet Free Report) last released its earnings results on Thursday, November 9th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.03). As a group, analysts anticipate that Standard Lithium Ltd. will post -0.11 EPS for the current fiscal year.

About Standard Lithium

(Free Report)

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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Institutional Ownership by Quarter for Standard Lithium (NYSEAMERICAN:SLI)

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