Sigma Lithium Corporation (NASDAQ: SGML) is -54.63% lower on its value in year-to-date trading and has touched a low of $4.52 and a high of $15.56 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 $5.02 in the last trading session, with the day’s gains setting it 0.07%.
Currently trading at $5.09, the stock is -4.46% and -24.76% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.86 million and changing 1.39% at the moment leaves the stock -52.50% off its SMA200. SGML registered -62.52% loss for a year compared to 6-month loss of -58.21%.
The stock witnessed a -26.34% gain in the last 1 month and extending the period to 3 months gives it a -58.07%, and is -8.62% 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 3.26% over the week and 5.01% over the month.
Sigma Lithium Corporation (SGML) has around 589 employees, a market worth around $566.42M and $185.58M in sales. Fwd P/E is 10.18. Profit margin for the company is -21.32%. Distance from 52-week low is 12.61% and -67.28% from its 52-week high. The company has generated returns on investments over the last 12 months (-17.97%).
The EPS is expected to grow by 98.34% this year.
Sigma Lithium Corporation (SGML) Top Institutional Holders
The shares outstanding are 111.28M, and float is at 60.22M with Short Float at 18.68%.
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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