SIGA stock: buy or sell?

SIGA stock price: $5.55 -2.12% At close on September 20th, 2019

Updated on:
September 20th, 2019

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SIGA shares dropped -2.12% to $5.55 today. With Friday it's been 4 sliding days in a row, loosing $-0.24 (-4.21%).

Should I buy SIGA stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with SIGA stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is SIGA Technologies stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for SIGA stock for the last 30 days.

SIGA stock analysis

Daily outlook

SIGA Technologies dropped a fateful -2.12% and closed at $5.55.

Shares of SIGA ended today at $5.55 and dropped a fateful -2.12%. Since price and SMA100d lines crossed up on September 10th, SIGA climbed $0.28 (5.31%).

SIGA stock chart (daily)

Weekly outlook

After boosting a dazzling 7.37% in a week last week, SIGA closed this week at $5.55 and dropped a tragic -2.63%. By mid August SIGA plummed a hair-raising -5.48% in just one week.

Since late February, when SIGA stock price broke down the 40-weeks moving avarage line, it slid $-1.28 per share (-18.74%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.

SIGA stock chart (weekly)

SIGA stock price history

SIGA stock went public on September 10th, 1997 with a price of $5.501. Since then, SIGA stock surged a 0.90%, with a yearly average of 0.00%. If you had invested $1,000 in SIGA stock in 1997, it would worth $9.00 today.

1: Adjusted price after possible price splits or reverse-splits.

SIGA stock historical price chart

SIGA stock reached 52-week highs on January at $8.09, and all-time highs 2011-03-08 with a price of 15.66.

SIGA stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' SIGA stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price prediction for SIGA stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report on April, SIGA . Unfortunately, reported EPS is not yet available in our database.
SIGA earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/an/an/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-04-03n/an/an/a
2018-Q12018-05-04n/a-0.15n/a
2018-Q22018-08-07n/a-0.09n/a
2018-Q32018-11-06n/a4.71n/a
2018-Q42019-04-02n/an/an/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, SIGA Technologies annual revenues climbed a dazzling 3,788.29% to $477.05 M USD from $12.27 marked in 2017. In line, its income margin (compared to sales) boosted to 88.42%, that is $421.81 million.

SIGA annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$5.52 M-$-17.18 M-311.2%-
2014$3.14 M-43.12%$-265.46 M-8454.7%1,445.19%
2015$8.18 M160.39%$-39.45 M-482.5%-85.14%
2016$15 M83.31%$-39.70 M-264.9%0.63%
2017$12 M-18.14%$-36.24 M-295.3%-8.72%
2018$477 M3,788.29%$422 M88.4%-1,264.07%

Quarterly financial results

SIGA Technologies reported $1.57 M in sales for 2018-Q4, a -99.67% less compared to previous quarter. Reported quarter income marked $52.39 M with a profit margin of 3,338.47%. Profit margin boosted a 3,256.09% compared to previous quarter when profit margin was 82.38%. When comparing sales to same quarter last year, SIGA sales marked a superb growth and rocketed a 11.11%.
SIGA quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$5 M-$-9 M-165.6%-
2017-Q2$4 M-18.08%$-8 M-176.1%-12.89%
2017-Q3$1 M-67.37%$-10 M-706.1%30.89%
2017-Q4$1 M1.59%$-10 M-729.5%4.95%
2018-Q1$2 M23.76%$-12 M-662.6%12.42%
2018-Q2$3 M52.25%$-7 M-265.0%-39.12%
2018-Q3$471 M17,601.47%$388 M82.4%-5,603.27%
2018-Q4$2 M-99.67%$52 M3338.5%-86.50%

SIGA ownership

When you are planning to buy a company, it's always worth to overview its ownership structure.

SIGA shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 33.03% of all shares.

In case of SIGA stock, 30.24% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for SIGA stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to SIGA Technologies:

SIGAACHNBCRXCMRXEBS
Market cap$449.8 M$522.4 M$315.9 M$149.5 M$2.6 B
Total shares81.1 M139.7 M110.4 M61.3 M51.6 M
Float shares49.8 M125.6 M75.7 M39.4 M43.3 M
  - Institutional holdings (%)30.2%78.6%93.6%82.0%85.4%
  - Insider holdings (%)33.0%0.1%1.0%2.5%14.9%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

SIGA summary

Friday, September 20th, 2019
Open$5.66
Close$5.55
Day range$5.54 - $5.81
Previous close$5.67
Session gain-2.12%
Average true range$0.22
50d mov avg$5.37
100d mov avg$5.46
200d mov avg$5.96
Daily pattern
Weekly pattern

SIGA performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare SIGA to Achillion Pharmaceuticals, BioCryst Pharmaceuticals, Chimerix, Emergent Biosolutions, NovaBay Pharmaceuticals, NewLink Genetics, NanoViricides, Sarepta Therapeutics and Sinovac Biotech:
Stock3m6m12m
SIGASIGA Technologies0.36%-3.65%-23.24%
ACHNAchillion Pharmac...34.05%27.65%6.55%
BCRXBioCryst Pharmace...-22.49%-61.25%-60.71%
CMRXChimerix-28.02%22.00%-38.54%
EBSEmergent Biosolut...10.16%5.65%-22.59%
NBYNovaBay Pharmaceu...-58.85%-40.60%-60.50%
NLNKNewLink Genetics15.92%-4.71%-23.21%
NNVCNanoViricides-25.00%-41.94%-58.14%
SRPTSarepta Therapeut...-34.28%-30.18%-42.16%
SVASinovac Biotech-10.14%2.54%0.00%

SIGA competitors

One check before trading any stock is to review a list of its competitors, in this case for SIGA. We selected 9 companies as SIGA competitors as they are in the same industry or have similar market objectives.