How to Buy Siga Technologies Stock
Siga Technologies Inc
SIGA Technologies, Inc. , a commercial-stage pharmaceutical company, focuses on the health security and infectious disease markets in the United States.
Siga Technologies stock last closed at $8.66, down 1.14% from the previous day, and has increased 51.93% in one year. It has overperformed other stocks in the Drug Manufacturers - Specialty & Generic industry by 0.62 percentage points. Siga Technologies stock is currently +105.46% from its 52-week low of $4.22, and -13.4% from its 52-week high of $10.00.
There are currently 71.09M SIGA shares outstanding. The market value of SIGA is $615.65M. In the last 24 hours, 431,059 SIGA shares were traded.
How to Buy Siga Technologies Stock
Wondering how to invest in Siga Technologies stock? Here's how.
- Choose where to buy Siga Technologies stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Siga Technologies stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your payment method and add your info.
- Evaluate Siga Technologies stock: The Siga Technologies ticker symbol is SIGA. Is Siga Technologies stock a good investment? Should you buy shares of SIGA? How do SIGA's underlying business fundamentals look? Do top analysts think Siga Technologies is a good buy? Why has SIGA's stock price moved recently? (Hint: Our stock research tools can help you decide if SIGA is a good stock to buy).
- Place your SIGA buy order: Decide if you will purchase SIGA shares at the current market price or use a limit order to purchase SIGA shares at a specific price.
- Get the latest scoop on your SIGA investment: Create a watchlist to get the latest news on your new investment in Siga Technologies stock.
Step 1: Choose where to buy Siga Technologies stock
You will need an online brokerage account in order to access the NASDAQ market and buy SIGA shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal information so you can invest in SIGA stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start your new trading account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've finished signing up on one of the most highly reviewed stock trading apps, you can securely and quickly fund your account:
Check out the video below to see the process of depositing money into your new brokerage account.
Step 4: Evaluate Siga Technologies stock
Once you have decided on the best place to buy Siga Technologies stock, it's important to research their stock before you invest, so you truly wrap your head around the risk as well as the opportunity.
Siga Technologies stock at a glance
Fundamentals of SIGA
WallStreetZen was built to help part-time investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on SIGA's stock page.
Is SIGA stock overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge SIGA's true value.
Using relative valuations ratios:
- SIGA could be undervalued based on its P/E ratio of 9.12x, relative to Drug Manufacturers - Specialty & Generic industry P/E ratio of 47.66x
- SIGA may be overvalued based on its P/B ratio of 3.13x, relative to Drug Manufacturers - Specialty & Generic industry P/B ratio of 2.06x
You can access additional valuation research on SIGA's stock here.
SIGA Financial Overview
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the SIGA balance sheet.
- SIGA has a low debt to equity ratio of 0.29.
- SIGA earnings of $87.78M is not sufficient to cover its interest payments.
- There are more short-term assets than short-term liabilities on the SIGA balance sheet.
- SIGA's operating cash flow of $94.80M allows it to safely service it's debt of $0.00.
- SIGA profit margin has gone up from 30.6% to 48.6% in the past year.
- Total SIGA debt is lower than 5 years ago, relative to shareholder equity.
You can dive deeper into what analysts are forecasting on the Siga Technologies stock forecast page.
SIGA Trading Indicators
Is SIGA Growing Revenue?
Last year, SIGA earnings were $68.07M. Over the past 5 year, SIGA's earnings have grown by -29.04% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of -10.21%.
Last year, SIGA revenue was $139.92M. Over the last five year, SIGA's revenue has gone up by -21.75% per year. This was slower than the Drug Manufacturers - Specialty & Generic industry average of 30.89%.
You can research SIGA's earnings and revenue performance here.
Are SIGA executives and large shareholders buying or selling the stock?
Over the past 12 months, insiders at SIGA have sold more shares than they have bought.
Larry R. Miller, General Counsel of SIGA, was the latest SIGA insider to sell. They sold $158,984.00 worth of SIGA shares on Mar 25, 2024.
Research more about who owns SIGA stock here.
Does SIGA provide a stable income stream?
Siga Technologies pays a dividend of 12.12%, compared to the Drug Manufacturers - Specialty & Generic industry's average dividend yield of 3.61%. If you owned $1,000 of SIGA stock, you would have been paid $121.25 in the past 12 months.
Get more analysis about Siga Technologies dividend yield and history here.
Get analysis from other investors
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your SIGA buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, use a limit order.
Click the Open Trade button and your broker will execute the order.
If you require more help buying stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your SIGA investment
Now that you own some shares in SIGA, you'll want to stay up-to-date on your stock purchase.
Start a watchlist to keep track of your SIGA stock.
SIGA Feed
How to Buy Stock in Siga Technologies
To summarize, here are the 6 steps to buy Siga Technologies stock:
- Choose where to buy Siga Technologies stock
- Sign up for your brokerage account
- Fund your brokerage account
- Evaluate Siga Technologies stock
- Place your SIGA buy order
- Get the latest scoop on your SIGA investment
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to track your investment in Siga Technologies, create a watchlist today.
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