Sidus Space (NASDAQ:SIDU) Stock Price Down 7.9% - Should You Sell?

Key Points

• Shares fell 7.9% Monday to $2.58 on 8.85 million shares traded, about 82% below its average session volume, with the stock near its 50-day moving average ($2.34).
• Analyst sentiment is negative — Weiss Ratings and Wall Street Zen have recent sell calls, and MarketBeat shows a consensus rating of "Sell."
• Sidus remains unprofitable, reporting a ($0.24) EPS on $1.3 million in revenue and showing very large negative margins and ROE; the company has a market cap of roughly $172 million.

Sidus Space, Inc. (NASDAQ:SIDU - Get Free Report) traded down 7.9% during trading on Monday . The company traded as low as $2.56 and last traded at $2.58. 8,850,211 shares were traded during trading, a decline of 82% from the average session volume of 49,716,723 shares. The stock had previously closed at $2.80.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on SIDU. Weiss Ratings restated a "sell (e+)" rating on shares of Sidus Space in a report on Thursday, January 22nd. Wall Street Zen cut Sidus Space from a "hold" rating to a "sell" rating in a research note on Saturday, November 22nd. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Sidus Space currently has a consensus rating of "Sell".

Sidus Space Trading Down 7.9%

The company has a market capitalization of $171.62 million, a P/E ratio of -2.00 and a beta of -1.64. The stock's fifty day moving average is $2.34 and its 200 day moving average is $1.59.

Sidus Space (NASDAQ:SIDU - Get Free Report) last released its quarterly earnings data on Friday, November 14th. The company reported ($0.24) earnings per share (EPS) for the quarter. The firm 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 Investors Weigh In On Sidus Space

Large investors have recently made changes to their positions in the business. SG Americas Securities LLC purchased a new position in shares of Sidus Space during the fourth quarter valued at approximately $118,000. Jane Street Group LLC bought a new stake in Sidus Space in the second quarter valued at $95,000. XTX Topco Ltd bought a new stake in Sidus Space in the second quarter valued at $168,000. Geode Capital Management LLC increased its position in Sidus Space by 28.1% during the 2nd quarter. Geode Capital Management LLC now owns 120,799 shares of the company's stock valued at $209,000 after purchasing an additional 26,498 shares during the period. Finally, Thompson Davis & CO. Inc. bought a new position in Sidus Space in the 4th quarter worth $194,000. 17.91% of the stock is currently owned by institutional investors.

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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