In last trading session, SIGA Technologies Inc. (NASDAQ:SIGA) saw 1.87 million shares changing hands with its beta currently measuring 0.69. Company’s recent per share price level of $10.44 trading at -$0.42 or -3.87% at ring of the bell on the day assigns it a market valuation of $821.11M. That closing price of SIGA’s stock is at a discount of -158.52% from its 52-week high price of $26.99 and is indicating a premium of 47.41% from its 52-week low price of $5.49. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.61 million shares which gives us an average trading volume of 10.09 million if we extend that period to 3-months.
For SIGA Technologies Inc. (SIGA), analysts’ consensus is at an average recommendation of a Buy. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
SIGA Technologies Inc. (NASDAQ:SIGA) trade information
Upright in the red during last session for losing -3.87%, in the last five days SIGA remained trading in the red while hitting it’s week-highest on Friday, 09/16/22 when the stock touched $10.44 price level, adding 17.86% to its value on the day. SIGA Technologies Inc.’s shares saw a change of 47.74% in year-to-date performance and have moved -17.99% in past 5-day. SIGA Technologies Inc. (NASDAQ:SIGA) showed a performance of -50.96% in past 30-days. Number of shares sold short was 3.55 million shares which calculate 0.53 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $11.00 to the stock, which implies a rise of 5.09% to its current value. Analysts have been projecting $11.00 as a low price target for the stock while placing it at a high target of $11.00. It follows that stock’s current price would drop -5.36% in reaching the projected high whereas dropping to the targeted low would mean a loss of -5.36% for stock’s current value.
SIGA Technologies Inc. (SIGA) estimates and forecasts
Statistics highlight that SIGA Technologies Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 60.32% of value to its shares in past 6 months, showing an annual growth rate of -27.47% while that of industry is 11.70. Apart from that, the company came lowering its revenue forecast for fiscal year 2022. This year revenue growth is estimated to fall -6.50% from the last financial year’s standing.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 27.00% during past 5 years. In 2022, company’s earnings growth rate is likely to be around 28.20% while estimates for its earnings growth in next 5 years are of 1.00%.
SIGA Technologies Inc. is more likely to be releasing its next quarterly report between March 02 and March 07 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
SIGA Technologies Inc. (NASDAQ:SIGA)’s Major holders
Insiders are in possession of 44.38% of company’s total shares while institution are holding 42.39 percent of that, with stock having share float percentage of 76.22%. Investors also watch the number of corporate investors in a company very closely, which is 42.39% institutions for SIGA Technologies Inc. that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at SIGA for having 3.59 million shares of worth $25.44 million. And as of Mar 30, 2022, it was holding 4.43% of the company’s outstanding shares.
The second largest institutional holder is AltraVue Capital, LLC, which was holding about 2.47 million shares on Mar 30, 2022. The number of shares represents firm’s hold over 3.05% of outstanding shares, having a total worth of $17.53 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Mar 30, 2022, the former fund manager was holding 1.21 million shares of worth $8.61 million or 1.50% of the total outstanding shares. The later fund manager was in possession of 1.09 million shares on Jun 29, 2022, making its stake of worth around $12.65 million in the company or a holder of 1.35% of company’s stock.