Sidus Space Inc (NASDAQ: SIDU) is -61.52% lower on its value in year-to-date trading and has touched a low of $3.27 and a high of $56.85 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 $3.50 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $3.39, the stock is -21.88% and -34.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.15 million and changing -3.14% at the moment leaves the stock -69.14% off its SMA200. SIDU registered -93.60% loss for a year compared to 6-month loss of -77.09%. The firm has a 50-day simple moving average (SMA 50) of $2.20 and a 200-day simple moving average (SMA200) of -$1.11.
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The stock witnessed a -39.14% gain in the last 1 month and extending the period to 3 months gives it a -22.43%, and is -8.87% 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 6.89% over the week and 12.85% over the month.
Sidus Space Inc (SIDU) has around 82 employees, a market worth around $14.17M and $5.96M in sales. Profit margin for the company is -243.69%. Distance from 52-week low is 3.67% and -94.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-203.75%).
Sidus Space Inc quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $986k over the same period., but quarterly earnings will post -18.20% year-over-year. Quarterly sales are estimated to shrink -48.10% in year-over-year returns.
19 institutions hold shares in Sidus Space Inc (SIDU), with institutional investors hold 12.56% of the company’s shares. The shares outstanding are 4.18M, and float is at 3.74M with Short Float at 6.42%. Institutions hold 12.56% of the Float.
The top institutional shareholder in the company is Sabby Management, LLC with over 6.41 million shares valued at $1.16 million. The investor’s holdings represent 9.04% of the SIDU Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 0.55 million shares valued at $99697.0 to account for 0.78% of the shares outstanding. The other top investors are Renaissance Technologies, LLC which holds 0.32 million shares representing 0.45% and valued at over $58063.0, while CVI Holdings, LLC holds 0.27% of the shares totaling 0.19 million with a market value of $34499.0.
Sidus Space Inc (SIDU) Insider Activity
The most recent transaction is an insider purchase by Craig Carol Marlene, the company’s CEO. SEC filings show that Craig Carol Marlene bought 500,000 shares of the company’s common stock on May 17 ’23 at a price of $0.23 per share for a total of $0.12 million. Following the purchase, the insider now owns 0.5 million shares.
