Sigma Lithium Corporation (NASDAQ: SGML) is -35.38% lower on its value in year-to-date trading and has touched a low of $6.76 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 $7.42 in the last trading session, with the day’s loss setting it -0.17%.
Currently trading at $7.25, the stock is -7.17% and -23.96% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing -2.29% at the moment leaves the stock -35.67% off its SMA200. SGML registered -56.90% loss for a year compared to 6-month loss of -45.61%.
The stock witnessed a -15.70% gain in the last 1 month and extending the period to 3 months gives it a -35.33%, and is -12.55% 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 7.68% over the week and 6.99% over the month.
Sigma Lithium Corporation (SGML) has around 589 employees, a market worth around $810.99M 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 7.25% and -62.24% from its 52-week high. The company has generated returns on investments over the last 12 months (-24.89%).
The EPS is expected to grow by 114.22% this year.
Sigma Lithium Corporation (SGML) Top Institutional Holders
The shares outstanding are 111.27M, and float is at 59.23M with Short Float at 18.37%.
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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