Market Recap: Sigma Lithium Corporation (SGML)’s Negative Momentum, Closing at 10.15

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

The closing price of Sigma Lithium Corporation (NASDAQ: SGML) was $10.15 for the day, down -2.36% from the previous closing price of $10.40. In other words, the price has decreased by -$2.36 from its previous closing price. On the day, 0.75 million shares were traded. SGML stock price reached its highest trading level at $10.48 during the session, while it also had its lowest trading level at $10.065.

Ratios:

Our analysis of SGML’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 1.91 whereas as Long-Term Debt/Eq ratio is at 1.23.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SGML now has a Market Capitalization of 1135603200 and an Enterprise Value of 1446418432. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.48 while its Price-to-Book (P/B) ratio in mrq is 12.23. Its current Enterprise Value per Revenue stands at 7.5 whereas that against EBITDA is -182.582.

Stock Price History:

Over the past 52 weeks, SGML has reached a high of $19.20, while it has fallen to a 52-week low of $8.47. The 50-Day Moving Average of the stock is -10.10%, while the 200-Day Moving Average is calculated to be -14.33%.

Shares Statistics:

SGML traded an average of 529.26K shares per day over the past three months and 503550 shares per day over the past ten days. A total of 111.27M shares are outstanding, with a floating share count of 59.22M. Insiders hold about 47.05% of the company’s shares, while institutions hold 35.09% stake in the company. Shares short for SGML as of 1741910400 were 10514186 with a Short Ratio of 19.87, compared to 1739491200 on 10372487. Therefore, it implies a Short% of Shares Outstanding of 10514186 and a Short% of Float of 16.389999.

Most Popular