Overall market sentiment has been high on SIGA Technologies, Inc. (SIGA) stock lately. SIGA receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With SIGA Stock Today?
SIGA Technologies, Inc. (SIGA) stock is trading at $7.59 as of 10:51 AM on Wednesday, Jan 6, a gain of $0.24, or 3.28% from the previous closing price of $7.35. The stock has traded between $7.33 and $7.67 so far today. Volume today is low. So far 55,379 shares have traded compared to average volume of 196,414 shares.
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More About SIGA Technologies, Inc.
SIGA Technologies Inc is a commercial-stage pharmaceutical company focused on the health security market. The company's lead product is TPOXX, an orally administered antiviral drug for the treatment of human smallpox disease caused by the variola virus. Its products target orthopoxvirus infections including smallpox.
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