On 9/3/24, SIGA Technologies Inc (NASDAQ: SIGA) stock suffered a major decline of -14.5%, closing at $7.72. This decline was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -18.7% during the last week.
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 good Appreciation Score of 85 and a very high Power Rating of 87, 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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