Sigma Lithium Corporation [NASDAQ: SGML] stock went on an upward path that rose over 6.02% on Thursday, amounting to a one-week price increase of more than 8.57%.
Over the last 12 months, SGML stock dropped by -35.65%. The one-year Sigma Lithium Corporation stock forecast points to a potential upside of 42.74. The average equity rating for SGML stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $803.44 million, with 111.28 million shares outstanding and 59.99 million shares in the current float. Compared to the average trading volume of 1.81M shares, SGML stock reached a trading volume of 4559999 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $12.61 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 Price to Book ratio for the last quarter was 7.57, with the Price to Cash per share for the same quarter was set at 0.28.
SGML Stock Performance Analysis:
Sigma Lithium Corporation [SGML] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.57. With this latest performance, SGML shares gained by 58.68% in over the last four-week period, additionally sinking by -36.56% over the last 6 months – not to mention a drop of -35.65% 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 70.47, with the RSI for the last a single of trading hit 0.52, and the three-weeks RSI is set at 0.48 for Sigma Lithium Corporation [SGML]. The present Moving Average for the last 50 days of trading for this stock 5.57, while it was recorded at 6.91 for the last single week of trading, and 9.99 for the last 200 days.
Insight into Sigma Lithium Corporation Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Sigma Lithium Corporation [SGML] shares currently have an operating margin of 17.22% and a Gross Margin at 32.08%. Sigma Lithium Corporation’s Net Margin is presently recorded at -21.32%.
Sigma Lithium Corporation (SGML) Capital Structure & Debt Analysis
According to recent financial data for Sigma Lithium Corporation. ( SGML), the Return on Equity (ROE) stands at -30.69%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -10.17%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Sigma Lithium Corporation’s Return on Invested Capital (ROIC) is -17.97%, showcasing its effectiveness in deploying capital for earnings.
Sigma Lithium Corporation (SGML) Efficiency & Liquidity Metrics
Based on Sigma Lithium Corporation’s (SGML) latest financial statements, the Debt-to-Equity Ratio is 1.62%, indicating its reliance on debt financing relative to shareholder equity.
Sigma Lithium Corporation (SGML) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Sigma Lithium Corporation. (SGML) effectively leverages its workforce, generating an average of -$67164.69 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.85% and a Quick Ratio of 0.61%, indicating strong ability to cover short-term liabilities.
Sigma Lithium Corporation [SGML] Institutonal Ownership Details
The top three institutional holders of SGML stocks are: NUCLEO CAPITAL LTDA. with ownership of 3.52 million shares, which is approximately 3.1821%. 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 2.3561%.
