Sigma Lithium Corporation (NASDAQ:SGML) does about 1.17M shares in volume on a normal day but saw 1618517 shares change hands in the recent trading day. The company now has a market cap of 558.63M USD. Its current market price is $5.02, marking a decrease of -2.14% compared to the previous close of $5.13. The 52 week high reached by this stock is $15.56 whilst the lowest price level in 52 weeks is $4.52.
The consensus objective for the share price is $13.61, suggesting that the stock has a potential upside of 63.12% over the period.
FactSet Research has provided data showing that 15 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 0 advise that it is a overweight. 9 analysts have rated it as a buy and 5 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on December 06, 2023 when BofA Securities resumed the stock to “Buy” and issued a price target of $37.
The current price level is -7.08%, -26.63%, and -53.27% away from its SMA20, SMA50, and SMA200 respectively, with the SGML price moving above the 50-day SMA on current market day. Sigma Lithium Corporation (SGML) stock is down -3.83% over the week and -32.44% over the past month. Its price is -55.26% year-to-date and -62.90% over the past year.
To reach the target analysts have set, the stock logically needs to grow 63.12 percent from here.
The company has a return on investment of -17.97% and return on equity of -30.69%. The forward price to earnings ratio is 10.04. The beta has a value of 0.13. Price to book ratio is 5.27 and price to sales ratio is 3.01.
