Sigma Lithium Corporation [NASDAQ: SGML] plunged by -$0.39 during the normal trading session on while it closed the day at $12.44.
Sigma Lithium Corporation stock has also gained 10.87% of its value over the past 7 days. However, SGML stock has declined by -5.76% in the 3 months of the year. Over the past six months meanwhile, it has gained 4.19% and gained 10.87% year-on date.
The market cap for SGML stock reached $1.39 billion, with 110.87 million shares outstanding and 58.26 million shares in the current float. Compared to the average trading volume of 757.72K shares, SGML reached a trading volume of 369556 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Sigma Lithium Corporation [SGML]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SGML shares is $20.48 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SGML stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
BofA Securities have made an estimate for Sigma Lithium Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 06, 2023. The new note on the price target was released on April 18, 2023, representing the official price target for Sigma Lithium Corporation stock.
The Average True Range (ATR) for Sigma Lithium Corporation is set at 0.68, with the Price to Sales ratio for SGML stock in the period of the last 12 months amounting to 8.44. The Price to Book ratio for the last quarter was 12.60, with the Price to Cash per share for the same quarter was set at 0.59. Price to Free Cash Flow for SGML in the course of the last twelve months was 67.30 with Quick ratio for the last quarter at 0.66.
SGML stock trade performance evaluation
Sigma Lithium Corporation [SGML] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.87. With this latest performance, SGML shares gained by 5.07% in over the last four-week period, additionally plugging by 4.19% over the last 6 months – not to mention a drop of -57.01% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SGML stock in for the last two-week period is set at 53.25, with the RSI for the last a single of trading hit 57.41, and the three-weeks RSI is set at 51.02 for Sigma Lithium Corporation [SGML]. The present Moving Average for the last 50 days of trading for this stock 12.82, while it was recorded at 12.53 for the last single week of trading, and 12.90 for the last 200 days.
Sigma Lithium Corporation [SGML]: An insightful look at the core fundamentals
Sigma Lithium Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.66 and a Current Ratio set at 0.84.
Sigma Lithium Corporation [SGML]: Institutional Ownership
There are presently around $80.82%, or 84.56%% of SGML stock, in the hands of institutional investors. The top three institutional holders of SGML stocks are: NUCLEO CAPITAL LTDA. with ownership of 3.52 million shares, which is approximately 3.1841%. FOURTH SAIL CAPITAL LP, holding 3.13 million shares of the stock with an approximate value of $$37.71 million in SGML stocks shares; and FOURTH SAIL CAPITAL LP, currently with $$31.33 million in SGML stock with ownership which is approximately 2.3575%.
