When Sidus Space Inc (SIDU) Will Be A Good Investment?

Sidus Space Inc (NASDAQ:SIDU) has a beta value of -0.67 and has seen 3.62 million shares traded in the recent trading session. The company, currently valued at $9.24M, closed the recent trade at $2.21 per share which meant it lost -$0.42 on the day or -15.97% during that session. The SIDU stock price is -752.94% off its 52-week high price of $18.85 and 8.6% above the 52-week low of $2.02. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.11 million shares traded. The 3-month trading volume is 359.53K shares.

The consensus among analysts is that Sidus Space Inc (SIDU) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 3 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.

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Sidus Space Inc (NASDAQ:SIDU) trade information

Sporting -15.97% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SIDU stock price touched $2.21 or saw a rise of 24.83%. Year-to-date, Sidus Space Inc shares have moved -74.91%, while the 5-day performance has seen it change -17.22%. Over the past 30 days, the shares of Sidus Space Inc (NASDAQ:SIDU) have changed -14.34%. Short interest in the company has seen 0.19 million shares shorted with days to cover at 1.34.

Sidus Space Inc (SIDU) estimates and forecasts

The company’s shares have lost -36.49% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -18.20%.

1 analysts offering their estimates for the company have set an average revenue estimate of 986k for the current quarter. 1 have an estimated revenue figure of 1.34M for the next ending quarter. Year-ago sales stood 1.9M and 2.33M respectively for this quarter and the next, and analysts expect sales will shrink by -48.10% for the current quarter and -18.20% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -18.45% over the past 5 years.

SIDU Dividends

Sidus Space Inc is expected to release its next earnings report on 2023-Aug-14 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Sidus Space Inc (NASDAQ:SIDU)’s Major holders

Investors are also buoyed by the number of investors in a company, with Sidus Space Inc having a total of 15.0 institutions that hold shares in the company.

Also the top two Mutual Funds that are holding company’s shares are Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund. As of Aug 31, 2024, the former fund manager holds about 0.66% shares in the company for having 27.09 shares of worth $59856.0 while later fund manager owns 14.11 shares of worth $31171.0 as of Jun 30, 2024, which makes it owner of about 0.35% of company’s outstanding stock.