Sigma Lithium Corporation [SGML] stock prices are down -1.71% to $12.09 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SGML shares have gain 8.33% over the last week, with a monthly amount drifted -8.20%, and not seem to be holding up well over a long-time horizon.
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.
The stock price of Sigma Lithium Corporation [SGML] has been fluctuating between $8.47 and $30.49 over the past year. Sigma Lithium Corporation [NASDAQ: SGML] shares were valued at $12.09 at the most recent close of the market.
Analyzing the SGML fundamentals
The Sigma Lithium Corporation [NASDAQ:SGML] reported sales of 164.89M for trailing twelve months, representing a drop of -54.67%. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.39%, and Net Profit Margin reading is -0.37%. To continue investigating profitability, this company’s Return on Assets is posted at -0.14, Equity is -0.38 and Total Capital is -0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.66.
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 11.77 points at the first support level, and at 11.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.46, and for the 2nd resistance point, it is at 12.82.
Ratios To Look Out For
It’s worth pointing out that Sigma Lithium Corporation [NASDAQ:SGML]’s Current Ratio is 0.84. Also, the Quick Ratio is 0.66, while the Cash Ratio stands at 0.48. Considering the valuation of this stock, the price to sales ratio is 8.20, the price to book ratio is 12.24.
