Analysts review Piedmont Lithium Inc’s rating

Piedmont Lithium Inc’s recent filing unveils that its President and CEO Phillips Keith D. unloaded Company’s shares for reported $0.52 million on Dec 10 ’24. In the deal valued at $12.31 per share,41,867 shares were sold. As a result of this transaction, Phillips Keith D. now holds 170,616 shares worth roughly $1.05 million.

Macquarie upgraded its Piedmont Lithium Inc [PLL] rating to a Neutral from a an Underperform in a research note published recently. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who decreased its forecast for the stock in mid November from “a Buy” to “a Neutral”. JP Morgan also remained covering PLL and has decreased its forecast on October 21, 2024 with a “an Underweight” recommendation from previously “Neutral” rating. Macquarie revised its rating on October 16, 2024. It rated PLL as “an Underperform” which previously was an “a Neutral”.

Price Performance Review of PLL

On Tuesday, Piedmont Lithium Inc [NASDAQ:PLL] saw its stock fall -5.10% to $6.14. Over the last five days, the stock has lost -1.13%. Piedmont Lithium Inc shares have fallen nearly -29.75% since the year began. Nevertheless, the stocks have fallen -51.46% over the past one year.

How much short interest is there in Piedmont Lithium Inc?

A steep rise in short interest was recorded in Piedmont Lithium Inc stocks on 2025-05-30, dropping by -0.38 million shares to a total of 2.0 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 2.38 million shares. There was a decline of -18.79%, which implies that there is a negative sentiment for the stock.

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