Sigma Lithium Corporation (NASDAQ: SGML) is -55.79% 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 $5.01 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $4.96, the stock is -18.77% and -35.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing -1.00% at the moment leaves the stock -54.61% off its SMA200. SGML registered -67.56% loss for a year compared to 6-month loss of -63.95%. The firm has a 50-day simple moving average (SMA 50) of $7.6321 and a 200-day simple moving average (SMA200) of $10.927625.
The stock witnessed a -36.33% gain in the last 1 month and extending the period to 3 months gives it a -59.34%, and is -6.24% 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 5.86% over the week and 5.12% over the month.
Sigma Lithium Corporation (SGML) has around 589 employees, a market worth around $554.83M and $185.58M in sales. Fwd P/E is 10.56. Profit margin for the company is -21.32%. Distance from 52-week low is 9.73% and -68.11% 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 99.33% this year
150.0 institutions hold shares in Sigma Lithium Corporation (SGML), with institutional investors hold 87.32% of the company’s shares. The shares outstanding are 111.28M, and float is at 59.23M with Short Float at 16.82%. Institutions hold 83.34% 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.
