Sigma Lithium Corporation (NASDAQ: SGML) is -62.45% lower on its value in year-to-date trading and has touched a low of $8.47 and a high of $34.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SGML stock was last observed hovering at around $12.49 in the last trading session, with the day’s loss setting it -0.65%.
Currently trading at $11.84, the stock is 12.22% and 12.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing -5.20% at the moment leaves the stock -24.89% off its SMA200. SGML registered -65.62% loss for a year compared to 6-month loss of 2.78%. The firm has a 50-day simple moving average (SMA 50) of $10.5422 and a 200-day simple moving average (SMA200) of $15.6776.
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The stock witnessed a 9.83% gain in the last 1 month and extending the period to 3 months gives it a -5.05%, and is 6.96% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.39% over the week and 6.93% over the month.
Sigma Lithium Corporation (SGML) has around 523 employees, a market worth around $1.31B and $217.85M in sales. Current P/E ratio is 138.97 and Fwd P/E is 13.27. Profit margin for the company is 4.12%. Distance from 52-week low is 39.79% and -66.09% from its 52-week high. The company has generated returns on investments over the last 12 months (3.70%).
The EPS is expected to grow by 92.62% this year
146.0 institutions hold shares in Sigma Lithium Corporation (SGML), with institutional investors hold 86.18% of the company’s shares. The shares outstanding are 110.06M, and float is at 51.82M with Short Float at 23.02%. Institutions hold 82.35% of the Float.
The top institutional shareholder in the company is NUCLEO CAPITAL LTDA. with over 3.52 million shares valued at $42.31 million. The investor’s holdings represent 3.1841 of the SGML Shares outstanding. As of 2024-06-30, the second largest holder is FOURTH SAIL CAPITAL LP with 3.13 million shares valued at $37.71 million to account for 2.8379 of the shares outstanding. The other top investors are APPIAN WAY ASSET MANAGEMENT LP which holds 2.6 million shares representing 2.3575 and valued at over $31.33 million, while FRONTIER CAPITAL MANAGEMENT CO LLC holds 1.6736 of the shares totaling 1.85 million with a market value of $22.24 million.
