Alert: Negative Investment/Fundamental Signals (11/8/23)-SIGA Technologies Inc (NASDAQ: SIGA)


Extremely significant negative changes in SIGA Technologies Inc (NASDAQ: SIGA) investment behavior have recently occurred: negative upside/downside volume developed, and the stock fell on very heavy volume.

Significant negative changes in SIGA Technologies Inc (NASDAQ: SIGA) fundamentals have recently occurred: significant quarterly sales deceleration occurred, and significant quarterly earnings deceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

SIGA is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

SIGA Technologies has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. SIGA Technologies has a slightly positive Appreciation Score of 64 but a slightly negative Power Rating of 33, leading to the Low Neutral Value Trend Rating.

Recent Price Action

SIGA Technologies Inc (NASDAQ: SIGA) stock closed at $4.82 on 11/8/23 after a very large decline of -6.6%. The stock has declined -5.5% during the last week and has been weak relative to the market over the last nine months.

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