SIGA Technologies, Inc. (NASDAQ:SIGA - Get Free Report) was the target of unusually large options trading activity on Wednesday. Stock investors bought 1,200 call options on the company. This represents an increase of 1,438% compared to the typical daily volume of 78 call options.
SIGA Technologies Price Performance
SIGA stock traded down $0.08 during mid-day trading on Friday, reaching $6.36. The company had a trading volume of 502,961 shares, compared to its average volume of 734,105. The company has a market capitalization of $454.36 million, a PE ratio of 5.30 and a beta of 0.93. The firm has a 50 day moving average of $5.98 and a 200 day moving average of $6.01. SIGA Technologies has a 12 month low of $4.95 and a 12 month high of $12.83.
SIGA Technologies (NASDAQ:SIGA - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported ($0.01) EPS for the quarter. The company had revenue of $7.04 million during the quarter. SIGA Technologies had a return on equity of 49.06% and a net margin of 49.33%. Analysts anticipate that SIGA Technologies will post 1.04 EPS for the current year.
SIGA Technologies Announces Dividend
The firm also recently disclosed a special dividend, which was paid on Thursday, May 15th. Investors of record on Tuesday, April 29th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Tuesday, April 29th.
Hedge Funds Weigh In On SIGA Technologies
Institutional investors have recently bought and sold shares of the business. Principal Financial Group Inc. increased its holdings in SIGA Technologies by 8.1% during the fourth quarter. Principal Financial Group Inc. now owns 23,927 shares of the company's stock valued at $144,000 after buying an additional 1,784 shares during the period. Legato Capital Management LLC grew its holdings in SIGA Technologies by 14.1% in the fourth quarter. Legato Capital Management LLC now owns 532,441 shares of the company's stock worth $3,200,000 after purchasing an additional 65,800 shares during the last quarter. Denali Advisors LLC grew its holdings in SIGA Technologies by 58.3% in the fourth quarter. Denali Advisors LLC now owns 378,544 shares of the company's stock worth $2,275,000 after purchasing an additional 139,354 shares during the last quarter. New York State Common Retirement Fund grew its holdings in SIGA Technologies by 19.1% in the fourth quarter. New York State Common Retirement Fund now owns 589,620 shares of the company's stock worth $3,544,000 after purchasing an additional 94,490 shares during the last quarter. Finally, Ashton Thomas Private Wealth LLC purchased a new position in SIGA Technologies in the fourth quarter worth $422,000. 55.40% of the stock is owned by hedge funds and other institutional investors.
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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