SIGA Technologies, Inc. (NASDAQ:SIGA - Get Free Report) was the target of unusually large options trading on Wednesday. Stock investors purchased 1,200 call options on the company. This is an increase of 1,438% compared to the typical volume of 78 call options.
SIGA Technologies Stock Performance
Shares of SIGA stock traded down $0.13 on Tuesday, hitting $5.27. 543,483 shares of the stock traded hands, compared to its average volume of 766,404. The firm's 50-day moving average price is $5.75 and its two-hundred day moving average price is $6.17. SIGA Technologies has a twelve month low of $4.95 and a twelve month high of $12.83. The stock has a market capitalization of $376.49 million, a PE ratio of 4.39 and a beta of 0.92.
SIGA Technologies (NASDAQ:SIGA - Get Free Report) last released its quarterly earnings data on Tuesday, March 11th. The company reported $0.63 EPS for the quarter. The firm had revenue of $81.40 million for the quarter. SIGA Technologies had a return on equity of 49.06% and a net margin of 49.33%. On average, equities research analysts anticipate that SIGA Technologies will post 1.04 EPS for the current fiscal year.
SIGA Technologies Dividend Announcement
The business also recently disclosed a special dividend, which will be paid on Thursday, May 15th. Investors of record on Tuesday, April 29th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Tuesday, April 29th.
Institutional Investors Weigh In On SIGA Technologies
A number of institutional investors have recently made changes to their positions in the stock. Teacher Retirement System of Texas boosted its position in shares of SIGA Technologies by 19.9% during the 4th quarter. Teacher Retirement System of Texas now owns 12,829 shares of the company's stock worth $77,000 after purchasing an additional 2,126 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of SIGA Technologies during the fourth quarter worth $78,000. EP Wealth Advisors LLC raised its stake in shares of SIGA Technologies by 14.5% in the fourth quarter. EP Wealth Advisors LLC now owns 13,887 shares of the company's stock valued at $83,000 after acquiring an additional 1,755 shares in the last quarter. Sherbrooke Park Advisers LLC acquired a new position in SIGA Technologies during the 4th quarter worth $83,000. Finally, ProShare Advisors LLC increased its holdings in SIGA Technologies by 26.6% during the 4th quarter. ProShare Advisors LLC now owns 16,424 shares of the company's stock worth $99,000 after purchasing an additional 3,455 shares during the period. 55.40% of the stock is currently owned by institutional investors and hedge funds.
About SIGA Technologies
(
Get Free Report)
SIGA Technologies, Inc, a commercial-stage pharmaceutical company, focuses on the health security related markets in the United States. Its lead product is TPOXX, an oral formulation antiviral drug for the treatment of human smallpox disease caused by variola virus. The company was incorporated in 1995 and is headquartered in New York, New York.
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