Sidus Space Inc (NASDAQ:SIDU) saw a downside of -4.49% to close Tuesday at $0.15 after subtracting -$0.01 on the day. The 5-day average trading volume is 1,535,180 shares of the company’s common stock. It has gained $0.1780 in the past week and touched a new high 2 times within the past 5 days. An average of 2,403,390 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 5,061,714.
SIDU’s 1-month performance is 8.28% or $0.0114 on its low of $0.1260 reached on 08/29/23. The company’s shares have touched a 52-week low of $0.12 and high of $2.42, with the stock’s rally to the 52-week high happening on 01/10/23. YTD, SIDU has lost -86.33% or -$0.9410 and has reached a new high 2 times. However, the current price is down -93.84% from the 52-week high price.
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Valuation Metrics
SIDU stock has a beta of -1.51. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.49 while the price-to-book (PB) in the most recent quarter is 0.83.
Sidus Space Inc’s quick ratio for the period ended June 29 was 1.78, with the current ratio over the same period at 1.93.. In terms of profitability, the gross margin trailing 12 months is -76.11%. The trailing 12-month EBITDA margin is -160.66% while for the period ending June 29, Sidus Space Inc’s operating margin was -179.65%. The firm’s gross profit as reported stood at $1.44 million against revenue of $7.29 million.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 29.71% to -$3.5 million, while revenue of -$3.44 million was 1.71% off the previous quarter. Analysts expected SIDU to announce -$0.06 per share in earnings in its latest quarter, but it posted -$0.07, representing a -16.70% surprise. EBITDA for the quarter stood at more than -$2.98 million. SIDU stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 7.7 million, with total debt at $2.26 million. Shareholders hold equity totaling $73.02 million.
Let’s look briefly at Sidus Space Inc (SIDU) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 26 September was 42.60% to suggest the stock is trending Neutral, with historical volatility in this time period at 119.38%.
The stock’s 5-day moving average is $0.1636, reflecting a -11.04% or -$0.0185 change from its current price. SIDU is currently trading +14.62% above its 20-day SMA, -34.01% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -21.58% and SMA200 by-90.39%.
Stochastic %K and %D was 41.41% and 52.44% and the average true range (ATR) pointed at 0.0160. The RSI (14) points at 45.63%, while the 14-day stochastic is at 25.43% with the period’s ATR at 0.0161. The stock’s 9-day MACD Oscillator is pointing at -0.0099 and -0.0004 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for SIDU stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate SIDU as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is SIDU’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $0.65 and a high of $0.65, with their median price target at $0.65. Looking at these predictions, the average price target given by analysts is for Sidus Space Inc (SIDU) stock is $0.65.
