SIGA Technologies Inc (SIGA) Stock: Assessing the Risk and Reward

The stock of SIGA Technologies Inc (SIGA) has seen a -12.83% decrease in the past week, with a 7.81% gain in the past month, and a -16.83% decrease in the past quarter. The volatility ratio for the week is 6.90%, and the volatility levels for the past 30 days are at 5.83% for SIGA. The simple moving average for the last 20 days is -6.42% for SIGA stock, with a simple moving average of 31.67% for the last 200 days.

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

The price-to-earnings ratio for SIGA Technologies Inc (NASDAQ: SIGA) is 7.37x, which is above its average ratio. Moreover, the 36-month beta value for SIGA is 0.97. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for SIGA is 40.44M and currently, short sellers hold a 14.27% of that float. On August 08, 2024, SIGA’s average trading volume was 658.68K shares.

SIGA) stock’s latest price update

SIGA Technologies Inc (NASDAQ: SIGA)’s stock price has increased by 1.81 compared to its previous closing price of 8.55. However, the company has seen a -12.83% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2024-08-01 that SIGA Technologies, Inc. (NASDAQ:SIGA ) Q2 2024 Earnings Conference Call August 1, 2024 4:30 PM ET Company Participants Diem Nguyen – Chief Executive Officer Daniel Luckshire – Chief Financial Officer Conference Call Participants Soo Romanoff – Edison Group Operator Welcome to 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 6.37% 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 -19.67% of loss for the given period.

Volatility was left at 5.83%, however, over the last 30 days, the volatility rate increased by 6.90%, as shares surge +1.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.62% upper at present.

During the last 5 trading sessions, SIGA fell by -12.83%, which changed the moving average for the period of 200-days by +66.99% in comparison to the 20-day moving average, which settled at $9.31. In addition, SIGA Technologies Inc saw 66.78% 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:

  • 0.59 for the present operating margin
  • 0.8 for the gross margin

The net margin for SIGA Technologies Inc stands at 0.49. The total capital return value is set at 0.6. Equity return is now at value 57.59, with 49.52 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 140.81. The debt to equity ratio resting at 0.0. The interest coverage ratio of the stock is 115.34.

Currently, EBITDA for the company is 84.16 million with net debt to EBITDA at -1.02. When we switch over and look at the enterprise to sales, we see a ratio of 2.98. The receivables turnover for the company is 19.32for trailing twelve months and the total asset turnover is 0.9. The liquidity ratio also appears to be rather interesting for investors as it stands at 8.25.

Conclusion

To wrap up, the performance of SIGA Technologies Inc (SIGA) has been mixed in recent times. The stock has received a mixed of “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.

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