SIGA Technologies Inc (NASDAQ: SIGA) is 15.60% higher on its value in year-to-date trading and has touched a low of $3.97 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 $5.73 in the last trading session, with the day’s gains setting it 0.3%.
Currently trading at $6.03, the stock is -8.59% and -10.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing 5.24% at the moment leaves the stock -23.15% off its SMA200. SIGA registered 15.39% gain for a year compared to 6-month loss of -9.46%. The firm has a 50-day simple moving average (SMA 50) of $6.7626 and a 200-day simple moving average (SMA200) of $7.87505.
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The stock witnessed a -3.67% gain in the last 1 month and extending the period to 3 months gives it a -28.47%, and is -1.95% 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 7.28% over the week and 6.59% over the month.
SIGA Technologies Inc (SIGA) has around 45 employees, a market worth around $430.57M and $173.73M in sales. Current P/E ratio is 5.01 and Fwd P/E is 4.79. Profit margin for the company is 49.33%. Distance from 52-week low is 51.96% and -53.00% from its 52-week high. The company has generated returns on investments over the last 12 months (50.29%).
The EPS is expected to grow by 10.53% this year
243.0 institutions hold shares in SIGA Technologies Inc (SIGA), with institutional investors hold 93.29% of the company’s shares. The shares outstanding are 71.37M, and float is at 40.55M with Short Float at 9.13%. Institutions hold 52.95% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.91 million shares valued at $29.71 million. The investor’s holdings represent 5.505 of the SIGA Shares outstanding. As of 2024-06-30, the second largest holder is FIRST WILSHIRE SECURITIES MANAGEMENT INC with 2.64 million shares valued at $20.01 million to account for 3.7086 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 2.44 million shares representing 3.4341 and valued at over $18.53 million, while ALTRAVUE CAPITAL, LLC holds 3.0631 of the shares totaling 2.18 million with a market value of $16.53 million.
