Alert: Major Price Decline (12/11/23)-SIGA Technologies Inc (NASDAQ: SIGA).


On 12/11/23, SIGA Technologies Inc (NASDAQ: SIGA) stock suffered a major decline of -12.3%, closing at $5.48. Moreover, this decline was accompanied by unusually high trading volume at 188% of normal. The stock has performed in line with the market over the last nine months and has declined -2.3% during the last week.


Current PriceTarget Research Rating

SIGA’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

SIGA Technologies has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. SIGA Technologies has a neutral Appreciation Score of 55 and a slightly negative Power Rating of 40, resulting in the Low Neutral Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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