Sidus Space Inc. (NASDAQ: SIDU) is -42.20% lower on its value in year-to-date trading and has touched a low of $0.38 and a high of $9.22 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SIDU stock was last observed hovering at around $0.65 in the last trading session, with the day’s loss setting it -0.02% off its average median price target of $4.50 for the next 12 months. It is also 86.0% off the consensus price target high of $4.50 offered by 1 analysts, but current levels are 86.0% higher than the price target low of $4.50 for the same period.
Currently trading at $0.63, the stock is -14.42% and -24.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.85 million and changing -3.63% at the moment leaves the stock -69.41% off its SMA200. SIDU registered -83.16% loss for a year compared to 6-month loss of -74.07%.
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The stock witnessed a 8.10% gain in the last 1 month and extending the period to 3 months gives it a -59.35%, and is -9.16% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 13.64% over the week and 19.10% over the month.
Sidus Space Inc. (SIDU) has around 37 employees, a market worth around $12.60M and $5.50M in sales. Distance from 52-week low is 68.00% and -93.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-20.00%).
Sidus Space Inc. (SIDU) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Sidus Space Inc. (SIDU) is a “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 2.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Sidus Space Inc. is expected to release its quarterly report on 05/12/2023.The EPS is expected to shrink by -137.30% this year
Sidus Space Inc. (SIDU) Top Institutional Holders
The shares outstanding are 17.18M, and float is at 9.78M with Short Float at 9.57%.