At the time of writing, Sigma Lithium Corporation [SGML] stock is trading at $11.41, up 0.62%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SGML shares have gain 10.78% over the last week, with a monthly amount glided 0.26%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Canaccord Genuity upgraded its rating to Buy on April 18, 2023. On January 20, 2023, BMO Capital Markets initiated with a Outperform rating. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $14 on January 06, 2022.
For the past year, the stock price of Sigma Lithium Corporation fluctuated between $8.47 and $38.70. Sigma Lithium Corporation [NASDAQ: SGML] shares were valued at $11.41 at the most recent close of the market.
Analyzing the SGML fundamentals
Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.23%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.06 and Total Capital is 0.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.7.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.18 points at the first support level, and at 10.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.55, and for the 2nd resistance point, it is at 11.69.
Ratios To Look Out For
It is important to note that Sigma Lithium Corporation [NASDAQ:SGML] has a current ratio of 1.05. As well, the Quick Ratio is 0.93, while the Cash Ratio is 0.46. Considering the valuation of this stock, the price to sales ratio is 5.81, the price to book ratio is 9.73 and price to earnings (TTM) ratio is 133.92.
