SIGA Technologies, Inc. (NASDAQ:SIGA - Get Free Report) was the recipient of unusually large options trading on Wednesday. Stock investors purchased 1,200 call options on the stock. This is an increase of 1,438% compared to the average daily volume of 78 call options.
Hedge Funds Weigh In On SIGA Technologies
Several hedge funds and other institutional investors have recently bought and sold shares of SIGA. Larson Financial Group LLC acquired a new position in shares of SIGA Technologies in the third quarter worth $30,000. Teacher Retirement System of Texas raised its holdings in shares of SIGA Technologies by 19.9% in the fourth quarter. Teacher Retirement System of Texas now owns 12,829 shares of the company's stock worth $77,000 after acquiring an additional 2,126 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of SIGA Technologies in the fourth quarter worth $78,000. EP Wealth Advisors LLC acquired a new position in shares of SIGA Technologies in the third quarter worth $82,000. Finally, Sherbrooke Park Advisers LLC acquired a new position in shares of SIGA Technologies in the fourth quarter worth $83,000. 55.40% of the stock is owned by institutional investors and hedge funds.
SIGA Technologies Stock Performance
SIGA stock traded down $0.03 during midday trading on Friday, hitting $5.61. 668,529 shares of the stock were exchanged, compared to its average volume of 803,043. The stock's 50-day moving average price is $5.91 and its 200-day moving average price is $6.53. The stock has a market cap of $400.76 million, a price-to-earnings ratio of 4.68 and a beta of 0.98. SIGA Technologies has a fifty-two week low of $5.16 and a fifty-two week high of $12.83.
SIGA Technologies (NASDAQ:SIGA - Get Free Report) last issued its quarterly earnings data on Tuesday, March 11th. The company reported $0.63 earnings per share (EPS) for the quarter. The firm had revenue of $81.40 million during the quarter. SIGA Technologies had a return on equity of 49.06% and a net margin of 49.33%. Research analysts anticipate that SIGA Technologies will post 1.04 EPS for the current year.
SIGA Technologies Company Profile
(
Get Free Report)
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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