CleanTech Lithium (LON:CTL) Sets New 1-Year Low – Should You Sell?

CleanTech Lithium Plc (LON:CTLGet Free Report) reached a new 52-week low on Tuesday . The stock traded as low as GBX 10.13 ($0.13) and last traded at GBX 10.50 ($0.14), with a volume of 1083652 shares trading hands. The stock had previously closed at GBX 10.90 ($0.14).

CleanTech Lithium Price Performance

The business has a 50 day moving average price of GBX 14.66 and a 200 day moving average price of GBX 17.33. The firm has a market capitalization of £14.95 million, a P/E ratio of -250.00 and a beta of -0.79.

Insider Buying and Selling

In other news, insider Tommy McKeith bought 454,545 shares of the firm’s stock in a transaction that occurred on Wednesday, October 9th. The shares were acquired at an average cost of GBX 11 ($0.14) per share, with a total value of £49,999.95 ($64,918.14). 12.45% of the stock is owned by company insiders.

CleanTech Lithium Company Profile

(Get Free Report)

CleanTech Lithium Plc engages in the exploration, development, and production of lithium in Chile. It holds interests in the Laguna Verde, Francisco Basin, and Llamara projects that covers an area of approximately 500 square kilometers. The company was founded in 2017 and is headquartered in Saint Helier, Jersey.

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