Sidus Space (NASDAQ:SIDU) Stock Price Down 6.3% - Should You Sell?

Key Points

• Shares fell 6.3% intraday to $4.01 (low $3.81) on Friday, with about 44.78 million shares traded — roughly a 54% decline from the reported average daily volume of ~97.79 million; the stock had previously closed at $4.28.
• Analyst sentiment is negative: Weiss Ratings reissued a "sell (e+)" and Wall Street Zen downgraded the stock to "sell," leaving Sidus with an overall average rating of "Sell" on MarketBeat.
• Fundamentals remain weak — last reported EPS was ($0.24) on $1.3M revenue, with a negative net margin of 655.33% and negative ROE of 116.44%; market cap is ~$141.4M while the 50- and 200-day moving averages sit near $1.51 and $1.40 respectively.

Sidus Space, Inc. (NASDAQ:SIDU - Get Free Report) was down 6.3% during mid-day trading on Friday . The company traded as low as $3.81 and last traded at $4.01. Approximately 44,782,474 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 97,791,125 shares. The stock had previously closed at $4.28.

Analyst Upgrades and Downgrades

SIDU has been the topic of a number of research analyst reports. Weiss Ratings reissued a "sell (e+)" rating on shares of Sidus Space in a report on Wednesday, October 8th. Wall Street Zen downgraded Sidus Space from a "hold" rating to a "sell" rating in a research note on Saturday, November 22nd. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of "Sell".

Sidus Space Price Performance

The company's fifty day moving average is $1.51 and its 200-day moving average is $1.40. The stock has a market cap of $141.35 million, a PE ratio of -3.11 and a beta of -1.64.

Sidus Space (NASDAQ:SIDU - Get Free Report) last posted its quarterly earnings results on Friday, November 14th. The company reported ($0.24) EPS for the quarter. The business had revenue of $1.30 million during the quarter. Sidus Space had a negative net margin of 655.33% and a negative return on equity of 116.44%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Geode Capital Management LLC boosted its position in Sidus Space by 28.1% in the 2nd quarter. Geode Capital Management LLC now owns 120,799 shares of the company's stock worth $209,000 after purchasing an additional 26,498 shares in the last quarter. XTX Topco Ltd purchased a new stake in Sidus Space during the second quarter worth $168,000. Jane Street Group LLC acquired a new stake in Sidus Space during the second quarter valued at $95,000. Finally, SG Americas Securities LLC purchased a new position in Sidus Space in the fourth quarter valued at $118,000. 17.91% of the stock is owned by institutional investors and hedge funds.

About Sidus Space

Sidus Space Inc NASDAQ: SIDU is an end-to-end space-as-a-service company headquartered in Houston, Texas. The firm provides mission design, spacecraft manufacturing, ground segment infrastructure and mission operations through a turnkey approach tailored to commercial and government customers. Sidus leverages its integrated supply chain to support client missions from concept development through data delivery.

The company's product offerings include small satellite buses, flight computers, payload integration services and proprietary ground control software, supplemented by cloud-based data processing and analytics tools.

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