Standard Lithium Ltd. (NYSEAMERICAN:SLI) Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its holdings in Standard Lithium Ltd. (NYSEAMERICAN:SLI) by 119.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 584,689 shares of the company’s stock after purchasing an additional 318,639 shares during the quarter. International Assets Investment Management LLC owned about 0.34% of Standard Lithium worth $1,181,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Standard Lithium during the third quarter worth $33,000. Commonwealth Equity Services LLC grew its stake in Standard Lithium by 121.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 28,715 shares of the company’s stock valued at $81,000 after purchasing an additional 15,745 shares during the last quarter. Nwam LLC acquired a new position in shares of Standard Lithium in the third quarter valued at about $113,000. Raymond James & Associates raised its stake in shares of Standard Lithium by 19.8% in the third quarter. Raymond James & Associates now owns 44,638 shares of the company’s stock worth $126,000 after purchasing an additional 7,391 shares during the last quarter. Finally, Legacy Capital Wealth Partners LLC acquired a new stake in shares of Standard Lithium during the third quarter worth about $176,000. 16.77% of the stock is currently owned by hedge funds and other institutional investors.

Standard Lithium Stock Performance

NYSEAMERICAN:SLI opened at $1.09 on Tuesday. The firm has a fifty day simple moving average of $2.24. The stock has a market capitalization of $188.30 million, a price-to-earnings ratio of -4.95 and a beta of 1.88. Standard Lithium Ltd. has a one year low of $1.05 and a one year high of $4.85.

Standard Lithium (NYSEAMERICAN:SLI) last released its quarterly earnings results on Thursday, February 8th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.03). On average, research analysts predict that Standard Lithium Ltd. will post -0.14 EPS for the current year.

Standard Lithium Company Profile

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.