Sidus Space Inc (SIDU) Shares Up Despite Recent Market Volatility

The stock of Sidus Space Inc (NASDAQ: SIDU) has increased by 6.11 when compared to last closing price of 1.31.Despite this, the company has seen a loss of -0.71% in its stock price over the last five trading days. businesswire.com reported 2024-11-26 that CAPE CANAVERAL, Fla.–(BUSINESS WIRE)–Sidus Space (NASDAQ: SIDU) (the “Company” or “Sidus”), an innovative, agile space mission enabler, announced the successful completion of the launch processing of LizzieSat™-2 at the Astrotech Space Operations facility at Vandenberg Space Force Base in California. LizzieSat™-2 has been turned over to SpaceX and is ready for launch on the Bandwagon-2 rideshare mission, which is targeted for no earlier than December of 2024. LizzieSat™-2 was designed and man.

Is It Worth Investing in Sidus Space Inc (NASDAQ: SIDU) Right Now?

Additionally, the 36-month beta value for SIDU is -0.77. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for SIDU is 8.37M and currently, short sellers hold a 3.63% ratio of that float. The average trading volume of SIDU on December 13, 2024 was 591.52K shares.

SIDU’s Market Performance

SIDU stock saw an increase of -0.71% in the past week, with a monthly gain of 16.81% and a quarterly increase of -46.12%. The volatility ratio for the week is 6.85%, and the volatility levels for the last 30 days are 9.59% for Sidus Space Inc (SIDU). The simple moving average for the past 20 days is 2.24% for SIDU’s stock, with a -50.32% simple moving average for the past 200 days.

SIDU Trading at -29.88% 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 -92.63% of loss for the given period.

Volatility was left at 9.59%, however, over the last 30 days, the volatility rate increased by 6.85%, as shares surge +5.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -49.06% lower at present.

During the last 5 trading sessions, SIDU fell by -3.57%, which changed the moving average for the period of 200-days by -84.97% in comparison to the 20-day moving average, which settled at $1.3575. In addition, Sidus Space Inc saw -84.22% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for SIDU

Current profitability levels for the company are sitting at:

  • -2.63 for the present operating margin
  • -0.08 for the gross margin

The net margin for Sidus Space Inc stands at -2.98. The total capital return value is set at -1.44. Equity return is now at value -170.63, with -74.18 for asset returns.

Based on Sidus Space Inc (SIDU), the company’s capital structure generated 0.44 points at debt to capital in total, while cash flow to debt ratio is standing at -1.66. The debt to equity ratio resting at 0.79. The interest coverage ratio of the stock is -11.44.

Currently, EBITDA for the company is -13.21 million with net debt to EBITDA at -0.52. When we switch over and look at the enterprise to sales, we see a ratio of 3.62. The receivables turnover for the company is 2.68for trailing twelve months and the total asset turnover is 0.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.67.

Conclusion

In conclusion, Sidus Space Inc (SIDU) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.

Related Posts