SIGA Technologies Inc (NASDAQ:SIGA) traded at $8.83 at close of the session on Monday, April 29, made an upward move of 0.46% on its previous day’s price.
Looking at the stock we see that its previous close was $8.79. The company has a trailing 12-month PE ratio of 9.22. In terms of its 52-week price range, SIGA has a high of $10.00 and a low of $3.93. The company’s stock has gained about 3.15% over that past 30 days.
SIGA Technologies Inc has a market cap of $627.72 million. With its Forward Dividend at 0.00 and a yield of 0.00%, the company’s investors could be anxious for the SIGA stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0, with the EPS growth for the year raised at $1.18 for 2024 and $1.1 for next year. These figures represent 24.20% and -6.80% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $190.61 million, with a low of $190.61 million and a high of $190.61 million. The median projection represents growth squeezing down to 36.20% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $190.61 million, or 36.20% up from figures reported last year.
On the other hand, looking at the outlook for the SIGA stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Looking further, we note that the PEG ratio for the SIGA stock currently stands at 9.22, and the current price level is -0.79% off its SMA20 and 23.68% from its 50-day simple moving average. The RSI (14) is pointing at 59.94 while the volatility over the past week is 4.39% and jumps to 5.94% over the past one month. The beta value is 0.96, while the average true range (ATR) is currently pointing at 0.46.
Coming back to SIGA Technologies Inc (NASDAQ:SIGA), we note that the average 3-month trading volume was 832.58K. Current shares outstanding are 71.09 million.
The insiders hold 43.38% of the company’s shares while institutions hold 48.40%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 69.27% up in year-to-date price movement.
