On 3/13/24, SIGA Technologies Inc (NASDAQ: SIGA) stock enjoyed a major increase of 21.2%, closing at $6.45. Moreover, exceptionally high trading volume at 1108% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 30.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, SIGA is expected to continue to be a major Value Builder.
SIGA Technologies has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. SIGA Technologies has a neutral Power Rating of 50 and a slightly positive Appreciation Score of 67, producing the High Neutral Value Trend Rating.
Rating Review
In light of this very positive 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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