Sigma Lithium Corporation (NASDAQ:SGML - Get Free Report)'s share price traded up 6.1% on Monday . The stock traded as high as $6.11 and last traded at $5.97. 605,051 shares were traded during trading, a decline of 37% from the average session volume of 953,041 shares. The stock had previously closed at $5.63.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded shares of Sigma Lithium from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd.
Get Our Latest Report on Sigma Lithium
Sigma Lithium Stock Performance
The firm has a market cap of $740.03 million, a price-to-earnings ratio of -17.97 and a beta of 0.05. The stock's 50 day moving average is $5.51 and its 200 day moving average is $8.73. The company has a current ratio of 0.85, a quick ratio of 0.67 and a debt-to-equity ratio of 1.08.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the business. Aquatic Capital Management LLC acquired a new position in shares of Sigma Lithium during the 4th quarter worth approximately $27,000. Teacher Retirement System of Texas acquired a new position in shares of Sigma Lithium during the 1st quarter worth approximately $109,000. GAMMA Investing LLC acquired a new position in shares of Sigma Lithium during the 1st quarter worth approximately $139,000. Pictet Asset Management Holding SA acquired a new position in shares of Sigma Lithium during the 4th quarter worth approximately $142,000. Finally, Squarepoint Ops LLC acquired a new position in shares of Sigma Lithium during the 4th quarter worth approximately $150,000. Institutional investors and hedge funds own 64.86% of the company's stock.
About Sigma Lithium
(
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Sigma Lithium Corporation engages in the exploration and development of lithium deposits in Brazil. It holds a 100% interest in the Grota do Cirilo, Genipapo, Santa Clara, and São José properties comprising 29 mineral rights covering an area of approximately 185 square kilometers located in the Araçuaí and Itinga regions of the state of Minas Gerais, Brazil.
Further Reading
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