The stock of Sidus Space Inc (SIDU) has seen a 6.46% increase in the past week, with a 12.18% gain in the past month, and a -21.22% decrease in the past quarter. The volatility ratio for the week is 5.47%, and the volatility levels for the past 30 days are at 7.56% for SIDU. The simple moving average for the past 20 days is 1.05% for SIDU’s stock, with a -60.82% simple moving average for the past 200 days.
Is It Worth Investing in Sidus Space Inc (NASDAQ: SIDU) Right Now?
The 36-month beta value for SIDU is also noteworthy at -0.74. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for SIDU is 3.41M, and at present, short sellers hold a 9.25% of that float. The average trading volume of SIDU on May 02, 2024 was 868.30K shares.
SIDU) stock’s latest price update
The stock price of Sidus Space Inc (NASDAQ: SIDU) has jumped by 1.58 compared to previous close of 3.49. Despite this, the company has seen a gain of 6.46% in its stock price over the last five trading days. Proactive Investors reported 2024-04-10 that Sidus Space Inc (NASDAQ:SIDU) has unveiled a second agreement with HEO to carry its payload on a satellite, due to launch later this year. HEO’s non-Earth imager (NEI), HOLMES-006, will be carried on Sidus’ LizzieSat-3 during November’s launch under the agreement.
SIDU Trading at -10.13% from the 50-Day Moving Average
After a stumble in the market that brought SIDU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -86.37% of loss for the given period.
Volatility was left at 7.56%, however, over the last 30 days, the volatility rate increased by 5.47%, as shares surge +0.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.51% lower at present.
During the last 5 trading sessions, SIDU rose by +5.50%, which changed the moving average for the period of 200-days by -81.66% in comparison to the 20-day moving average, which settled at $3.51. In addition, Sidus Space Inc saw -59.76% 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 SIDU starting from Craig Carol Marlene, who purchase 500,000 shares at the price of $0.23 back on May 17 ’23. After this action, Craig Carol Marlene now owns 500,000 shares of Sidus Space Inc, valued at $115,500 using the latest closing price.
Stock Fundamentals for SIDU
Current profitability levels for the company are sitting at:
- -2.06 for the present operating margin
- 0.28 for the gross margin
The net margin for Sidus Space Inc stands at -2.57. The total capital return value is set at -1.73. Equity return is now at value -260.35, with -96.65 for asset returns.
Based on Sidus Space Inc (SIDU), the company’s capital structure generated 0.4 points at debt to capital in total, while cash flow to debt ratio is standing at -2.44. The debt to equity ratio resting at 0.68. The interest coverage ratio of the stock is -16.46.
Currently, EBITDA for the company is -12.09 million with net debt to EBITDA at -0.28. When we switch over and look at the enterprise to sales, we see a ratio of 2.99. The receivables turnover for the company is 4.38for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.75.
Conclusion
In summary, Sidus Space Inc (SIDU) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. 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.
