With 3.16 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.96 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $0.0650 whereas the lowest price it dropped to was $0.0603. The 52-week range on SIDU shows that it touched its highest point at $2.06 and its lowest point at $0.06 during that stretch. It currently has a 1-year price target of $0.65. Beta for the stock currently stands at -1.48.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SIDU was down-trending over the past week, with a drop of -30.91%, but this was down by -43.19% over a month. Three-month performance dropped to -62.83% while six-month performance fell -74.48%. The stock lost -96.82% in the past year, while it has lost -94.34% so far this year.
Float and Shares Shorts:
At present, 80.97 million SIDU shares are outstanding with a float of 69.64 million shares on hand for trading. On Oct 30, 2023, short shares totaled 0.7 million, which was 0.86% higher than short shares on Sep 28, 2023. In addition to Ms. Carol M. Craig as the firm’s Founder, President, CEO & Director, Ms. Teresa C. Burchfield serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 12.10% of SIDU’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 1.69% of SIDU, in contrast to 0.55% held by mutual funds. Shares owned by individuals account for 0.42%. As the largest shareholder in SIDU with 1.12% of the stake, The Vanguard Group, Inc. holds 1,018,196 shares worth 1,018,196. A second-largest stockholder of SIDU, Geode Capital Management LLC, holds 337,480 shares, controlling over 0.37% of the firm’s shares. Penserra Capital Management LLC is the third largest shareholder in SIDU, holding 136,987 shares or 0.15% stake. With a 0.57% stake in SIDU, the Vanguard Extended Market Index Fu is the largest stakeholder. A total of 518,418 shares are owned by the mutual fund manager. The Vanguard Total Stock Market ETF, which owns about 0.55% of SIDU stock, is the second-largest Mutual Fund holder. It holds 499,778 shares valued at 45980.0. Fidelity Extended Market Index Fu holds 0.36% of the stake in SIDU, owning 327,339 shares worth 30115.0.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SIDU since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With SIDU analysts setting a high price target of $0.65 and a low target of $0.65, the average target price over the next 12 months is $0.65. Based on these targets, SIDU could surge 983.33% to reach the target high and rise by 983.33% to reach the target low. Reaching the average price target will result in a growth of 983.33% from current levels.
Summary of Insider Activity:
Insiders traded SIDU stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 1 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 500,000 while 0 shares were sold.
