Livent Corporation (LTHM) Hit All-Time Low

The stock of Livent Corporation (NYSE:LTHM) reached all time low today, May, 8 and still has $7.69 target or 7.00 % below today’s $8.27 share price. This indicates more downside for the $1.21B company. This technical setup was reported by Barchart.com. If the $7.69 PT is reached, the company will be worth $84.49M less.
Trading stocks at an all time low is not easy. Stock at an all time low usually experience even more downside due to very negative fundament. Even thought the pullback rate is high, shorting is not an easy job because the risk of being wrong is big and the risk-reward ratio is always worse than if trading lon only.

The stock decreased 22.97% or $2.46 during the last trading session, reaching $8.27. About 10.31 million shares traded or 178.48% up from the average. Livent Corporation (NYSE:LTHM) has 0.00% since May 8, 2018 and is . It has underperformed by 4.37% the S&P500.

More notable recent Livent Corporation (NYSE:LTHM) news were published by: Fool.com which released: “Who Are Tesla’s Lithium Suppliers? – Motley Fool” on March 26, 2019, also Streetinsider.com with their article: “After-Hours Movers 05/07: (SGMS) (QRVO) (MTCH) Higher; (INGN) (LTHM) (TWOU) (more…) – StreetInsider.com” published on May 07, 2019, Seekingalpha.com published: “Midday Gainers / Losers – Seeking Alpha” on May 08, 2019. More interesting news about Livent Corporation (NYSE:LTHM) were released by: Benzinga.com and their article: “33 Stocks Moving In Wednesday’s Pre-Market Session – Benzinga” published on May 08, 2019 as well as Seekingalpha.com‘s news article titled: “Livent Corporation 2019 Q1 – Results – Earnings Call Slides – Seeking Alpha” with publication date: May 08, 2019.

Livent Corporation manufactures and sells performance lithium compounds that are used primarily in energy storage, specialty polymers, and chemical synthesis application. The company has market cap of $1.21 billion. The firm offers lithium compounds for use in applications that have specific performance requirements, including battery-grade lithium hydroxide for use in high performance lithium-ion batteries; and supplies butyllithium, which is used as a synthesizer in the production of polymers and pharmaceutical products, as well as a range of specialty lithium compounds, including high purity lithium metal, which is used in the production of lightweight materials for aerospace applications and non-rechargeable batteries. It has a 8.37 P/E ratio. Livent Corporation was incorporated in 2018 and is headquartered in Philadelphia, Pennsylvania.

Livent Corporation (NYSE:LTHM) Ratings Chart

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