Sigma Lithium Corporation (NASDAQ:SGML) does about 1.03M shares in volume on a normal day but saw 2224884 shares change hands in the recent trading day. The company now has a market cap of 524.62M USD. Its current market price is $4.69, marking a decrease of -6.29% compared to the previous close of $5.01. The 52 week high reached by this stock is $16.22 whilst the lowest price level in 52 weeks is $4.99.
The consensus objective for the share price is $13.96, suggesting that the stock has a potential upside of 66.4% 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 -28.36%, -41.66%, and -57.33% 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 -21.04% over the week and -41.67% over the past month. Its price is -58.20% year-to-date and -71.98% over the past year.
To reach the target analysts have set, the stock logically needs to grow 66.4 percent from here.
Outstanding shares total 111.28M with insiders holding 4.55% of the shares and institutional holders owning 83.43% 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 9.98. Price to book ratio is 4.92 and price to sales ratio is 2.83.
