SIGA Technologies Inc [NASDAQ: SIGA] stock went on a downward path that fall over -28.30% on Wednesday, amounting to a one-week price decrease of less than -19.48%.
Over the last 12 months, SIGA stock rose by 52.63%. The one-year SIGA Technologies Inc stock forecast points to a potential upside of 31.82. The average equity rating for SIGA stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $533.40 million, with 71.09 million shares outstanding and 40.27 million shares in the current float. Compared to the average trading volume of 898.53K shares, SIGA stock reached a trading volume of 4160176 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on SIGA Technologies Inc [SIGA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SIGA shares is $11.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SIGA 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 SIGA Technologies Inc is set at 0.67, with the Price to Sales ratio for SIGA stock in the period of the last 12 months amounting to 3.40. The Price to Book ratio for the last quarter was 3.23, with the Price to Cash per share for the same quarter was set at 2.02. Price to Free Cash Flow for SIGA in the course of the last twelve months was 8.31 with Quick ratio for the last quarter at 2.19.
SIGA Stock Performance Analysis:
SIGA Technologies Inc [SIGA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -19.48. With this latest performance, SIGA shares dropped by -19.09% in over the last four-week period, additionally plugging by 59.75% over the last 6 months – not to mention a rise of 52.63% 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 SIGA stock in for the last two-week period is set at 38.36, with the RSI for the last a single of trading hit 31.55, and the three-weeks RSI is set at 43.06 for SIGA Technologies Inc [SIGA]. The present Moving Average for the last 50 days of trading for this stock 8.02, while it was recorded at 9.59 for the last single week of trading, and 5.87 for the last 200 days.
Insight into SIGA Technologies Inc Fundamentals:
SIGA Technologies Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.19 and a Current Ratio set at 3.05.
SIGA Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SIGA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for SIGA Technologies Inc go to 1.00%.
SIGA Technologies Inc [SIGA] Institutonal Ownership Details
The top three institutional holders of SIGA stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in SIGA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in SIGA stock with ownership which is approximately 5.8386%.
