SIGA Technologies Inc (SIGA) Shares Up Despite Recent Market Volatility

The stock price of SIGA Technologies Inc (NASDAQ: SIGA) has jumped by 7.51 compared to previous close of 8.79. Despite this, the company has seen a gain of 13.17% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-02 that HITI, MPC and SIGA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 2, 2023.

Is It Worth Investing in SIGA Technologies Inc (NASDAQ: SIGA) Right Now?

SIGA Technologies Inc (NASDAQ: SIGA) has a price-to-earnings ratio that is above its average at 9.87x. The stock has a 36-month beta value of 0.97. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for SIGA is 40.26M, and at present, short sellers hold a 13.70% of that float. On April 02, 2024, the average trading volume of SIGA was 678.22K shares.

SIGA’s Market Performance

SIGA stock saw an increase of 13.17% in the past week, with a monthly gain of 94.72% and a quarterly increase of 81.16%. The volatility ratio for the week is 5.16%, and the volatility levels for the last 30 days are 6.45% for SIGA Technologies Inc (SIGA). The simple moving average for the last 20 days is 40.70% for SIGA’s stock, with a simple moving average of 89.20% for the last 200 days.

SIGA Trading at 72.21% from the 50-Day Moving Average

After a stumble in the market that brought SIGA to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 5.06% of gains for the given period.

Volatility was left at 6.45%, however, over the last 30 days, the volatility rate increased by 5.16%, as shares surge +84.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +83.43% upper at present.

During the last 5 trading sessions, SIGA rose by +12.69%, which changed the moving average for the period of 200-days by +63.65% in comparison to the 20-day moving average, which settled at $7.27. In addition, SIGA Technologies Inc saw 81.16% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for SIGA

Current profitability levels for the company are sitting at:

  • 0.6 for the present operating margin
  • 0.77 for the gross margin

The net margin for SIGA Technologies Inc stands at 0.49. The total capital return value is set at 0.42. Equity return is now at value 37.09, with 30.23 for asset returns.

Based on SIGA Technologies Inc (SIGA), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at 168.08. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is -93.89.

Currently, EBITDA for the company is 84.16 million with net debt to EBITDA at -1.77. When we switch over and look at the enterprise to sales, we see a ratio of 3.76. The receivables turnover for the company is 6.62for trailing twelve months and the total asset turnover is 0.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.42.

Conclusion

To sum up, SIGA Technologies Inc (SIGA) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Related Posts