Sigma Lithium Co. (NASDAQ:SGML - Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $11.04, but opened at $11.31. Sigma Lithium shares last traded at $11.27, with a volume of 63,290 shares changing hands.
Sigma Lithium Trading Up 1.6 %
The company has a debt-to-equity ratio of 0.02, a current ratio of 0.84 and a quick ratio of 0.72. The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of -23.37 and a beta of 0.15. The business has a fifty day moving average price of $13.00 and a 200 day moving average price of $12.03.
Hedge Funds Weigh In On Sigma Lithium
Several large investors have recently bought and sold shares of the stock. Tidal Investments LLC increased its holdings in shares of Sigma Lithium by 43.4% during the 3rd quarter. Tidal Investments LLC now owns 63,422 shares of the company's stock worth $784,000 after purchasing an additional 19,193 shares during the period. Geode Capital Management LLC increased its stake in Sigma Lithium by 8.4% during the third quarter. Geode Capital Management LLC now owns 117,125 shares of the company's stock valued at $1,448,000 after acquiring an additional 9,049 shares during the period. Public Employees Retirement System of Ohio acquired a new position in Sigma Lithium in the 3rd quarter valued at approximately $122,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Sigma Lithium in the 3rd quarter worth approximately $299,000. Finally, State Street Corp acquired a new stake in shares of Sigma Lithium during the 3rd quarter worth approximately $1,831,000. 64.86% of the stock is currently owned by institutional investors and hedge funds.
Sigma Lithium Company Profile
(
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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.
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