Sigma Lithium Corporation (NASDAQ:SGML) does about 1.28M shares in volume on a normal day but saw 1820246 shares change hands in the recent trading day. The company now has a market cap of 506.32M USD. Its current market price is $4.55, marking a decrease of -1.30% compared to the previous close of $4.61. 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 66.57% 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 -10.22%, -29.53%, and -56.99% 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 -10.61% over the week and -23.40% over the past month. Its price is -62.18% year-to-date and -59.45% over the past year.
To reach the target analysts have set, the stock logically needs to grow 66.57 percent from here.
Outstanding shares total 111.28M with insiders holding 4.58% of the shares and institutional holders owning 83.37% of the company’s common stock. The company has a return on investment of -17.97% and return on equity of -30.69%. The forward price to earnings ratio is 9.10. The beta has a value of 0.12. Price to book ratio is 4.77 and price to sales ratio is 2.73.
