NEW YORK ( TheStreet) -- Siga Technologies (Nasdaq: SIGA) hit a new 52-week low Tuesday as it is currently trading at $6.73, below its previous 52-week low of $6.99 with 231,080 shares traded as of 9:43 a.m. ET. Average volume has been 694,800 shares over the past 30 days. Siga has a market cap of $384.3 million and is part of the health care sector and drugs industry. Shares are down 47.6% year to date as of the close of trading on Monday. SIGA Technologies, Inc., a bio-defense company, engages in the research, discovery, development, and commercialization of novel products for the prevention and treatment of infectious diseases.
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TheStreet Ratings rates Siga as a sell. The company's weaknesses can be seen in multiple areas, such as its weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full Siga Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.