SIGA Technologies Inc (NASDAQ: SIGA) is -2.14% lower on its value in year-to-date trading and has touched a low of $4.48 and a high of $11.62 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 SIGA stock was last observed hovering at around $6.68 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $6.69, the stock is 5.27% and 10.68% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing 0.15% at the moment leaves the stock 14.68% off its SMA200. SIGA registered 22.93% gain for a year compared to 6-month gain of 24.80%.
The stock witnessed a 7.90% loss in the last 1 month and extending the period to 3 months gives it a 34.33%, and is 1.98% 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 4.01% over the week and 3.96% over the month.
SIGA Technologies Inc (SIGA) has around 46 employees, a market worth around $477.94M and $120.33M in sales. Current P/E ratio is 9.85 and Fwd P/E is 3.94. Profit margin for the company is 40.33%. Distance from 52-week low is 49.25% and -42.42% from its 52-week high. The company has generated returns on investments over the last 12 months (22.38%).
The EPS is expected to shrink by -18.29% this year
The shares outstanding are 71.44M, and float is at 40.45M with Short Float at 7.57%.
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 5.5004 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 3.7055 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 2.44 million shares representing 3.4312 and valued at over $18.53 million, while ALTRAVUE CAPITAL, LLC holds 3.0605 of the shares totaling 2.18 million with a market value of $16.53 million.
