In the past week, SIGA stock has gone down by -10.57%, with a monthly decline of -10.14% and a quarterly surge of 96.54%. The volatility ratio for the week is 5.41%, and the volatility levels for the last 30 days are 5.02% for SIGA Technologies Inc The simple moving average for the past 20 days is -7.80% for SIGA’s stock, with a 50.00% simple moving average for the past 200 days.
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 7.48x. The stock has a 36-month beta value of 1.00. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SIGA is 40.27M, and at present, short sellers hold a 12.29% of that float. On May 08, 2024, the average trading volume of SIGA was 898.53K shares.
SIGA) stock’s latest price update
The stock price of SIGA Technologies Inc (NASDAQ: SIGA) has dropped by -20.36 compared to previous close of 10.46. Despite this, the company has seen a fall of -10.57% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-07 that SIGA Technologies, Inc. (NASDAQ:SIGA ) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Diem Nguyen – Chief Executive Officer Dan Luckshire – Chief Financial Officer Conference Call Participants Soo Romanoff – Edison Group Brian Adams – Carter, Terry Operator Welcome to the SIGA Business Update Call. Before we turn the call over to SIGA management, please note that any forward-looking statements made during this call are based on management’s current expectations and observations and are subject to risks and uncertainties that could cause actual results to differ from the forward-looking statements.
SIGA Trading at 6.64% 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 unable to rebound, for now settling with -23.08% of loss for the given period.
Volatility was left at 5.02%, however, over the last 30 days, the volatility rate increased by 5.41%, as shares sank -9.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +55.68% upper at present.
During the last 5 trading sessions, SIGA fell by -10.25%, which changed the moving average for the period of 200-days by +64.57% in comparison to the 20-day moving average, which settled at $8.99. In addition, SIGA Technologies Inc saw 59.69% 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 48.47, with 37.12 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 3.2. 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 3.05.
Conclusion
To sum up, SIGA Technologies Inc (SIGA) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.
