SIGA Technologies, Inc. (NASDAQ:SIGA - Free Report) - Stock analysts at Edison Inv. Res issued their FY2024 earnings estimates for shares of SIGA Technologies in a research report issued to clients and investors on Monday, November 18th. Edison Inv. Res analyst J. Prakash expects that the company will post earnings per share of $1.04 for the year. Edison Inv. Res also issued estimates for SIGA Technologies' FY2025 earnings at $1.25 EPS.
SIGA Technologies (NASDAQ:SIGA - Get Free Report) last announced its earnings results on Thursday, November 7th. The company reported $0.02 earnings per share for the quarter. SIGA Technologies had a return on equity of 49.06% and a net margin of 49.33%. The company had revenue of $10.01 million during the quarter.
SIGA Technologies Stock Down 0.2 %
Shares of NASDAQ SIGA opened at $6.25 on Thursday. SIGA Technologies has a fifty-two week low of $4.26 and a fifty-two week high of $12.83. The business has a 50 day moving average price of $7.09 and a two-hundred day moving average price of $7.92. The firm has a market cap of $446.25 million, a PE ratio of 5.21 and a beta of 0.89.
Institutional Trading of SIGA Technologies
A number of hedge funds have recently made changes to their positions in the stock. Hotchkis & Wiley Capital Management LLC boosted its stake in SIGA Technologies by 152.6% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 2,048,440 shares of the company's stock valued at $13,827,000 after acquiring an additional 1,237,620 shares during the last quarter. American Century Companies Inc. lifted its position in shares of SIGA Technologies by 251.2% during the second quarter. American Century Companies Inc. now owns 841,759 shares of the company's stock worth $6,389,000 after purchasing an additional 602,091 shares during the last quarter. Foundry Partners LLC acquired a new position in SIGA Technologies in the third quarter worth about $2,801,000. Denali Advisors LLC bought a new stake in SIGA Technologies in the second quarter valued at about $1,815,000. Finally, Harbor Capital Advisors Inc. acquired a new stake in SIGA Technologies during the third quarter valued at approximately $1,098,000. Institutional investors and hedge funds own 55.40% of the company's stock.
SIGA Technologies Company Profile
(
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SIGA Technologies, Inc, a commercial-stage pharmaceutical company, focuses on the health security related markets in the United States. Its lead product is TPOXX, an oral formulation antiviral drug for the treatment of human smallpox disease caused by variola virus. The company was incorporated in 1995 and is headquartered in New York, New York.
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