SIGA Technologies (NASDAQ:SIGA) Hits New 1-Year High at $10.17

SIGA Technologies, Inc. (NASDAQ:SIGA)’s share price hit a new 52-week high on Friday . The company traded as high as $10.17 and last traded at $10.06, with a volume of 727630 shares traded. The stock had previously closed at $9.44.

SIGA Technologies Stock Performance

The business has a 50 day moving average price of $7.83 and a 200-day moving average price of $6.16. The company has a market capitalization of $721.87 million, a price-to-earnings ratio of 10.68 and a beta of 0.95.

SIGA Technologies (NASDAQ:SIGA) last issued its earnings results on Tuesday, March 12th. The company reported $1.01 earnings per share for the quarter. The business had revenue of $116.48 million during the quarter. SIGA Technologies had a return on equity of 44.84% and a net margin of 48.65%. As a group, equities analysts predict that SIGA Technologies, Inc. will post 1.22 EPS for the current fiscal year.

SIGA Technologies Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, April 11th. Investors of record on Tuesday, March 26th were paid a dividend of $0.60 per share. The ex-dividend date was Monday, March 25th. This is a positive change from SIGA Technologies’s previous dividend of $0.45.

Institutional Investors Weigh In On SIGA Technologies

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. First Wilshire Securities Management Inc. grew its stake in shares of SIGA Technologies by 14.4% in the 4th quarter. First Wilshire Securities Management Inc. now owns 2,362,107 shares of the company’s stock valued at $13,228,000 after buying an additional 297,095 shares during the period. General American Investors Co. Inc. grew its stake in SIGA Technologies by 152.9% in the third quarter. General American Investors Co. Inc. now owns 971,131 shares of the company’s stock valued at $5,098,000 after acquiring an additional 587,123 shares during the period. New York State Common Retirement Fund grew its stake in SIGA Technologies by 24.5% in the third quarter. New York State Common Retirement Fund now owns 379,555 shares of the company’s stock valued at $1,993,000 after acquiring an additional 74,777 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of SIGA Technologies by 1.1% during the third quarter. Bank of New York Mellon Corp now owns 282,824 shares of the company’s stock valued at $1,485,000 after acquiring an additional 3,030 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC lifted its holdings in shares of SIGA Technologies by 453.4% in the 4th quarter. Campbell & CO Investment Adviser LLC now owns 218,953 shares of the company’s stock worth $1,226,000 after purchasing an additional 179,388 shares in the last quarter. 55.40% of the stock is owned by institutional investors.

SIGA Technologies Company Profile

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.