SIGA Technologies Inc (SIGA) Beta Value: Understanding the Market Risk

The price-to-earnings ratio for SIGA Technologies Inc (NASDAQ: SIGA) is above average at 8.89x. The 36-month beta value for SIGA is also noteworthy at 0.93. 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 SIGA is 40.36M, and at present, short sellers hold a 13.67% of that float. The average trading volume of SIGA on August 19, 2024 was 1.03M shares.

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SIGA) stock’s latest price update

The stock of SIGA Technologies Inc (NASDAQ: SIGA) has increased by 9.04 when compared to last closing price of 9.62. Despite this, the company has experienced a 20.71% gain in its stock price over the last five trading sessions. benzinga.com reported 2024-08-16 that So-called “bull traps” often frustrate traders, as they did on Wednesday, snaring shares of SIGA Technologies Inc SIGA — and there may be another one today.

SIGA’s Market Performance

SIGA’s stock has risen by 20.71% in the past week, with a monthly rise of 15.78% and a quarterly rise of 32.78%. The volatility ratio for the week is 24.31% while the volatility levels for the last 30 days are 10.71% for SIGA Technologies Inc The simple moving average for the past 20 days is 10.26% for SIGA’s stock, with a 54.89% simple moving average for the past 200 days.

SIGA Trading at 23.90% 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 -18.24% of loss for the given period.

Volatility was left at 10.71%, however, over the last 30 days, the volatility rate increased by 24.31%, as shares surge +12.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +38.39% upper at present.

During the last 5 trading sessions, SIGA rose by +20.71%, which changed the moving average for the period of 200-days by +110.22% in comparison to the 20-day moving average, which settled at $9.57. In addition, SIGA Technologies Inc saw 101.10% 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 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 44.76. The debt to equity ratio resting at 0.01. 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 3.72. 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

In summary, SIGA Technologies Inc (SIGA) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.

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