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Sigma Lithium Slips as Major Stock Indexes Advance
The stock fell despite gains in major indexes, while Zacks consensus forecasts higher quarterly revenue for the company.
Key takeaways
- Sigma Lithium closed at $9.35, down 2.2%, while the S&P 500 gained 0.6%.
- Zacks consensus forecasts quarterly revenue of $36.39 million, up 27.45% year over year.
Sigma Lithium shares closed at $9.35 in the latest session, down 2.2%. The S&P 500 gained 0.6%.
Over the past month, the stock fell 5.06%, while the Basic Materials sector declined 9.48% and the S&P 500 rose 1.34%.
For the company’s upcoming earnings disclosure, Zacks consensus estimates call for quarterly revenue of $36.39 million, up 27.45% from a year earlier. The consensus EPS estimate has fallen 40% over the past 30 days, according to Zacks.
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Further reading
This article was produced with the help of AI technology. Source: Yahoo Finance
