The stock of Sigma Additive Solutions Inc (SASI) has seen a -28.44% decrease in the past week, with a -39.33% drop in the past month, and a -47.05% decrease in the past quarter. The volatility ratio for the week is 16.61%, and the volatility levels for the past 30 days are at 14.08% for SASI. The simple moving average for the past 20 days is -31.48% for SASI’s stock, with a -56.37% simple moving average for the past 200 days.
Is It Worth Investing in Sigma Additive Solutions Inc (NASDAQ: SASI) Right Now?
while the 36-month beta value is 1.61.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
Top 5 EV Tech Stocks to Buy for 2023
The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".
Click Here to Download the FREE Report.
Sponsored
The average price point forecasted by analysts for Sigma Additive Solutions Inc (SASI) is $20.00, which is $16.93 above the current market price. The public float for SASI is 0.77M, and currently, short sellers hold a 4.62% ratio of that floaft. The average trading volume of SASI on November 17, 2023 was 963.88K shares.
SASI) stock’s latest price update
Sigma Additive Solutions Inc (NASDAQ: SASI) has experienced a decline in its stock price by -30.86 compared to its previous closing price of 4.44. However, the company has seen a fall of -28.44% in its stock price over the last five trading days. Zacks Investment Research reported 2023-11-13 that Sigma Additive Solutions, Inc. (SASI) came out with a quarterly loss of $1.57 per share versus the Zacks Consensus Estimate of a loss of $1.80. This compares to loss of $4.40 per share a year ago.
SASI Trading at -21.98% from the 50-Day Moving Average
After a stumble in the market that brought SASI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -78.94% of loss for the given period.
Volatility was left at 14.08%, however, over the last 30 days, the volatility rate increased by 16.61%, as shares sank -39.69% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -43.15% lower at present.
During the last 5 trading sessions, SASI fell by -28.44%, which changed the moving average for the period of 200-days by -73.53% in comparison to the 20-day moving average, which settled at $4.38. In addition, Sigma Additive Solutions Inc saw -61.63% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SASI starting from RUPORT MARK, who purchase 12,300 shares at the price of $0.61 back on Nov 17. After this action, RUPORT MARK now owns 17,300 shares of Sigma Additive Solutions Inc, valued at $7,515 using the latest closing price.
Stock Fundamentals for SASI
Current profitability levels for the company are sitting at:
- -1387.79 for the present operating margin
- -851.70 for the gross margin
The net margin for Sigma Additive Solutions Inc stands at -1378.81. The total capital return value is set at -97.57, while invested capital returns managed to touch -96.94. Equity return is now at value -133.63, with -112.15 for asset returns.
The receivables turnover for the company is 1.61 and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.79.
Conclusion
In a nutshell, Sigma Additive Solutions Inc (SASI) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.