Sigma Lithium Corporation (NASDAQ:SGML) traded at $7.82 at close of the session on Tuesday, May 13 and made an upward move of 5.11% on its previous day’s price.
Sigma Lithium Corporation has a market cap of $874.75 million and is expected to release its quarterly earnings report in June.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 67.96M, with a low of 63.42M and a high of 72.5M. The median projection represents growth squeezing down to 34.82% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 297.11M, or 42.33% up from figures reported last year.
On the other hand, looking at the outlook for the SGML stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell.
Based on estimates by 15 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 5 have rated the Sigma Lithium Corporation (SGML) stock as a Hold, while 9 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 1 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 0.94% off its SMA20 and -16.73% from its 50-day simple moving average. The RSI (14) is pointing at 45.40 while the volatility over the past week is 7.92% and jumps to 6.89% over the past one month.
