Siga Technologies Inc. (NASDAQ:SIGA - Get Free Report) was the target of unusually large options trading on Wednesday. Investors purchased 1,200 call options on the stock. This is an increase of 1,438% compared to the typical volume of 78 call options.
Siga Technologies Trading Up 1.1%
NASDAQ:SIGA traded up $0.08 during trading hours on Friday, hitting $7.14. 286,540 shares of the company were exchanged, compared to its average volume of 452,972. The company has a fifty day simple moving average of $6.42 and a 200 day simple moving average of $6.06. Siga Technologies has a one year low of $4.95 and a one year high of $12.83. The stock has a market capitalization of $510.08 million, a price-to-earnings ratio of 10.66 and a beta of 0.94.
Siga Technologies (NASDAQ:SIGA - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported ($0.01) earnings per share for the quarter. Siga Technologies had a return on equity of 25.21% and a net margin of 40.30%. The business had revenue of $7.04 million during the quarter. Equities research analysts predict that Siga Technologies will post 1.04 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Siga Technologies
Institutional investors have recently made changes to their positions in the stock. Hotchkis & Wiley Capital Management LLC grew its stake in Siga Technologies by 52.9% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 3,158,320 shares of the company's stock valued at $17,308,000 after acquiring an additional 1,093,080 shares in the last quarter. AltraVue Capital LLC grew its position in Siga Technologies by 14.1% during the fourth quarter. AltraVue Capital LLC now owns 2,639,524 shares of the company's stock worth $15,864,000 after buying an additional 326,630 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Siga Technologies by 11.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,126,065 shares of the company's stock valued at $12,777,000 after acquiring an additional 217,926 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Siga Technologies by 7.8% during the first quarter. American Century Companies Inc. now owns 1,370,660 shares of the company's stock worth $7,511,000 after purchasing an additional 98,688 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Siga Technologies by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 1,132,397 shares of the company's stock worth $6,807,000 after purchasing an additional 19,654 shares in the last quarter. Hedge funds and other institutional investors own 55.40% of the company's stock.
Siga Technologies Company Profile
(
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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