Siga Stock Hits New 52-Week High (SIGA)

NEW YORK ( TheStreet) -- Siga Technologies (Nasdaq: SIGA) hit a new 52-week high Thursday as it traded at $14.41 compared with its previous 52-Week high of $14.38. Siga is changing hands at $14.40 with 238,817 shares traded as of 11:16 a.m. ET. Average volume has been 374,200 shares over the past 30 days.

Siga has a market cap of $651.1 million and is part of the health care sector and drugs industry. Shares are down 0.9% year to date as of the close of trading on Wednesday.

SIGA Technologies, Inc., a bio-defense company, engages in the discovery, development, and commercialization of products for use in defense against biological warfare agents comprising smallpox and arenaviruses.

TheStreet Ratings rates Siga as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and feeble growth in the company's earnings per share. You can view the full Siga Ratings Report.

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