Sidus Space Inc [NASDAQ: SIDU] jumped around 0.01 points on Thursday, while shares priced at $0.10 at the close of the session, up 5.82%. The company report on November 6, 2023 at 8:30 AM that Sidus Space to Host Third Quarter 2023 Earnings Call on November 15th at 9:00 A.M. ET.
Sidus Space, Inc. (NASDAQ:SIDU) (the “Company” or “Sidus”), a multi-faceted Space and Data-as-a-Service company, today announced that it will release its 2023 third quarter financial results on Tuesday, November 14, 2023, after market close. The Company will host a conference call and webcast of its results and provide a business update at 9:00 am Eastern Time on Wednesday, November 15, 2023.
Sidus Space Inc stock is now -90.83% down from its year-to-date (YTD) trading value. SIDU Stock saw the intraday high of $0.1008 and lowest of $0.0921 per share. The company’s 52-week high price is 2.06, which means current price is +18.06% above from all time high which was touched on 01/10/23.
Compared to the average trading volume of 4.72M shares, SIDU reached a trading volume of 3042679 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Sidus Space Inc [SIDU]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SIDU shares is $0.65 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SIDU stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Sidus Space Inc is set at 0.01, with the Price to Sales ratio for SIDU stock in the period of the last 12 months amounting to 1.00. The Price to Book ratio for the last quarter was 0.56, with the Price to Cash per share for the same quarter was set at 0.11.
How has SIDU stock performed recently?
Sidus Space Inc [SIDU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.04. With this latest performance, SIDU shares dropped by -22.96% in over the last four-week period, additionally sinking by -58.85% over the last 6 months – not to mention a drop of -94.22% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SIDU stock in for the last two-week period is set at 44.86, with the RSI for the last a single of trading hit 50.94, and the three-weeks RSI is set at 42.52 for Sidus Space Inc [SIDU]. The present Moving Average for the last 50 days of trading for this stock 0.1278, while it was recorded at 0.0927 for the last single week of trading, and 0.3039 for the last 200 days.
Sidus Space Inc [SIDU]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Sidus Space Inc [SIDU] shares currently have an operating margin of -165.14 and a Gross Margin at -58.32. Sidus Space Inc’s Net Margin is presently recorded at -176.05.
Return on Total Capital for SIDU is now -116.77, given the latest momentum, and Return on Invested Capital for the company is -147.35. Return on Equity for this stock declined to -176.67, with Return on Assets sitting at -93.05. When it comes to the capital structure of this company, Sidus Space Inc [SIDU] has a Total Debt to Total Equity ratio set at 49.19. Additionally, SIDU Total Debt to Total Capital is recorded at 32.97, with Total Debt to Total Assets ending up at 18.51. Long-Term Debt to Equity for the company is recorded at 1.63, with the Long-Term Debt to Total Capital now at 1.10.
Reflecting on the efficiency of the workforce at the company, Sidus Space Inc [SIDU] managed to generate an average of -$200,624 per employee. Receivables Turnover for the company is 8.74 with a Total Asset Turnover recorded at a value of 0.53.Sidus Space Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.78 and a Current Ratio set at 1.93.
Insider trade positions for Sidus Space Inc [SIDU]
The top three institutional holders of SIDU stocks are: VANGUARD GROUP INC with ownership of 1.3 billion shares, which is approximately 8.2579%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $201.66 billion in SIDU stocks shares; and BERKSHIRE HATHAWAY INC, currently with $177.59 billion in SIDU stock with ownership which is approximately 5.7994%.