Sigma Lithium Corporation (NASDAQ: SGML) is -36.36% lower on its value in year-to-date trading and has touched a low of $7.05 and a high of $19.20 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 $7.73 in the last trading session, with the day’s loss setting it -0.59%.
Currently trading at $7.14, the stock is -23.93% and -32.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing -7.63% at the moment leaves the stock -38.45% off its SMA200. SGML registered -47.81% loss for a year compared to 6-month loss of -45.20%. The firm has a 50-day simple moving average (SMA 50) of $10.6099 and a 200-day simple moving average (SMA200) of $11.6012.
The stock witnessed a -41.14% gain in the last 1 month and extending the period to 3 months gives it a -39.54%, and is -10.08% down 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 8.22% over the week and 8.53% over the month.
Sigma Lithium Corporation (SGML) has around 589 employees, a market worth around $798.68M and $175.28M in sales. Fwd P/E is 7.60. Profit margin for the company is -29.22%. Distance from 52-week low is 1.28% and -62.81% from its 52-week high. The company has generated returns on investments over the last 12 months (-24.89%).
with sales reaching $71.55M over the same period.The EPS is expected to grow by 114.35% this year, but quarterly earnings will post 43.24% year-over-year. Quarterly sales are estimated to grow 41.93% in year-over-year returns.
Sigma Lithium Corporation (SGML) Top Institutional Holders
167.0 institutions hold shares in Sigma Lithium Corporation (SGML), with institutional investors hold 88.39% of the company’s shares. The shares outstanding are 111.27M, and float is at 59.23M with Short Float at 17.81%. Institutions hold 84.38% 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 3.1821% 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 2.8362 of the shares outstanding. The other top investors are APPIAN WAY ASSET MANAGEMENT LP which holds 2.6 million shares representing 2.3561% and valued at over $31.33 million, while FRONTIER CAPITAL MANAGEMENT CO LLC holds 1.6726 of the shares totaling 1.85 million with a market value of $22.24 million.
Sigma Lithium Corporation (SGML) Insider Activity
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