SIGA Technologies Inc (NASDAQ:SIGA) price on Friday, March 21, fall -0.53% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $5.61.
A look at the stock’s price movement, the close in the last trading session was $5.64, moving within a range at $5.55 and $5.72. The beta value (5-Year monthly) was 0.979 while the PE ratio in trailing twelve months stood at 6.77. Turning to its 52-week performance, $12.83 and $5.16 were the 52-week high and 52-week low respectively. Overall, SIGA moved -8.33% over the past month.
SIGA Technologies Inc’s market cap currently stands at around $400.76 million, with investors looking forward to this quarter’s earnings report slated for in April. The company has a Forward Dividend ratio of 0.00, with its dividend yield at 0.00%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 121.55M, representing a -12.38% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SIGA is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
SIGA’s current price about 0.19% and -5.18% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 46.19, while 7-day volatility ratio is 3.69% and 5.52% in the 30-day chart. Further, SIGA Technologies Inc (SIGA) has a beta value of 1.02, and an average true range (ATR) of 0.29.
If we refocus on SIGA Technologies Inc (NASDAQ:SIGA), historical trading data shows that trading volumes averaged 0.51 over the past 10 days and 423.98K over the past 3 months. The company’s latest data on shares outstanding shows there are 71.40 million shares.
The 43.26% of SIGA Technologies Inc’s shares are in the hands of company insiders while institutional holders own 48.93% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 4.1 million on 2025-02-28, giving us a short ratio of 8.92. The data shows that as of 2025-02-28 short interest in SIGA Technologies Inc (SIGA) stood at 881.99995 of shares outstanding, with shares short rising to 3.52 million registered in 2025-01-31. Current price change has pushed the stock -6.66% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SIGA stock continues to rise going into the next quarter.
