SIGA Technologies Inc (NASDAQ: SIGA) has a higher price-to-earnings ratio of 6.54x compared to its average ratio, The 36-month beta value for SIGA is at 0.91. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SIGA is 40.44M, and currently, shorts hold a 15.18% of that float. The average trading volume for SIGA on September 04, 2024 was 1.36M shares.
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SIGA) stock’s latest price update
The stock of SIGA Technologies Inc (NASDAQ: SIGA) has decreased by -14.51 when compared to last closing price of 9.03.Despite this, the company has seen a loss of -17.96% in its stock price over the last five trading days. globenewswire.com reported 2024-08-21 that NEW YORK, Aug. 21, 2024 (GLOBE NEWSWIRE) — SIGA Technologies, Inc. (SIGA) (NASDAQ: SIGA), a commercial-stage pharmaceutical company and leader in infectious diseases, today announced a new contract with the U.S. Department of Defense (DOD) for the procurement of approximately $9 million of TPOXX® (Contract number: W911SR24C0030). This award is comprised primarily of oral TPOXX®, with a small amount of intravenous (IV) TPOXX®, and represents the third procurement contract award from the DOD over the past three years.
SIGA’s Market Performance
SIGA Technologies Inc (SIGA) has seen a -17.96% fall in stock performance for the week, with a -11.26% decline in the past month and a 1.85% surge in the past quarter. The volatility ratio for the week is 6.31%, and the volatility levels for the past 30 days are at 12.26% for SIGA. The simple moving average for the past 20 days is -17.93% for SIGA’s stock, with a 9.66% simple moving average for the past 200 days.
SIGA Trading at -13.83% 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 -39.83% of loss for the given period.
Volatility was left at 12.26%, however, over the last 30 days, the volatility rate increased by 6.31%, as shares sank -6.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.92% upper at present.
During the last 5 trading sessions, SIGA fell by -17.96%, which changed the moving average for the period of 200-days by +56.28% in comparison to the 20-day moving average, which settled at $9.38. In addition, SIGA Technologies Inc saw 47.99% 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 2.58. 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 conclusion, SIGA Technologies Inc (SIGA) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
