Alert: Major Price Decline (9/25/24)-SIGA Technologies Inc (NASDAQ: SIGA).

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SIGA Technologies Inc (NASDAQ: SIGA) stock closed at $6.75 on 9/25/24 after a major decline of -15.7%. This decline was accompanied by normal trading volume. The stock has declined -14.3% during the last week but has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

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

SIGA Technologies has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. SIGA Technologies has a very high Appreciation Score of 86 and a very high Power Rating of 89, leading to the Highest Value Trend Rating.

Rating Review

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

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