SIGA Technologies Inc (NASDAQ: SIGA) is 100.14% higher on its value in year-to-date trading and has touched a low of $3.93 and a high of $12.83 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SIGA stock was last observed hovering at around $10.49 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $10.44, the stock is 9.07% and 22.47% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.96 million and changing -0.48% at the moment leaves the stock 53.49% off its SMA200. SIGA registered 143.64% gain for a year compared to 6-month gain of 117.62%.
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The stock witnessed a 11.90% loss in the last 1 month and extending the period to 3 months gives it a 37.19%, and is 13.73% up 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 25.01% over the week and 11.08% over the month.
SIGA Technologies Inc (SIGA) has around 45 employees, a market worth around $745.10M and $172.96M in sales. Current P/E ratio is 8.85 and Fwd P/E is 8.35. Profit margin for the company is 48.55%. Distance from 52-week low is 165.90% and -18.63% from its 52-week high. The company has generated returns on investments over the last 12 months (49.79%).
The EPS is expected to grow by 6.32% this year.
SIGA Technologies Inc (SIGA) Top Institutional Holders
214.0 institutions hold shares in SIGA Technologies Inc (SIGA), with institutional investors hold 87.08% of the company’s shares. The shares outstanding are 71.09M, and float is at 40.36M with Short Float at 13.67%. Institutions hold 49.47% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.46 million shares valued at $$29.58 million. The investor’s holdings represent 4.8419 of the SIGA Shares outstanding. As of 2024-03-31, the second largest holder is FIRST WILSHIRE SECURITIES MANAGEMENT INC with 2.65 million shares valued at $$22.72 million to account for 3.7194 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 2.28 million shares representing 3.2 and valued at over $$19.55 million, while VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. holds 3.0878 of the shares totaling 2.2 million with a market value of $$18.86 million.
