Sidus Space Inc (SIDU) Down -73.85% From Its 52-Week High, But Growth Potential Is Changing Over Time

Sidus Space Inc (NASDAQ:SIDU) currently has a daily average trading volume of 6.59M but it saw 10109680 shares traded in last market. With a market cap of 42.90M USD, the company’s current market price of $4.93 came rising about 8.35 while comparing to the previous closing price of $4.55. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.85 and as low as $1.15. In the recent trading on the day, stock has struck highest price mark of $4.361 while lowest mark touched by it was $5.5.

Taking a look at 20-day trading activity of Sidus Space Inc (SIDU) gives us an average price of $2.10, while its current price level is -73.85% below from 52-week high level whereas it is 328.70% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.16 while that of 200 days or SMA-200 reads an average of $2.79. A closer look into the stock’s movement over the week reveals that its volatility is standing at 72.84% during that period while stretching the period over a month that decreases to 24.45%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 73.67 which implies that the stock is in overbought territory.

Over the week, SIDU’s stock price is moving 276.34% up while it is 282.17% when we observe its performance for the past one month. Year-to-date it is -44.04% down and over the past year, the stock is showing an upside performance of 28.72%.

The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Sidus Space Inc’s total number of outstanding shares is 8.70M. Company’s return on investment (ROI) stands at -165.97% and return on equity (ROE) at -170.63%. Stock’s beta reads -1.57. Stock has a price to book (P/B) ratio of 2.22 while price to sale or P/S ratio amounts to 8.27. Its return on asset (ROA) is -74.18% on average.