Sidus Space Inc (NASDAQ: SIDU) Recovers 326.09% From 52-Week Low, Is SIDU Still A High-Risk, High-Reward Play?

Sidus Space Inc (NASDAQ:SIDU) currently has a daily average trading volume of 7.34M but it saw 10230315 shares traded in last market. With a market cap of 40.89M USD, the company’s current market price of $4.90 came falling about -4.11 while comparing to the previous closing price of $5.11. 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 $4.6 while lowest mark touched by it was $6.75.

Taking a look at 20-day trading activity of Sidus Space Inc (SIDU) gives us an average price of $3.24, while its current price level is -74.01% below from 52-week high level whereas it is 326.09% 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 $2.47 while that of 200 days or SMA-200 reads an average of $2.82. A closer look into the stock’s movement over the week reveals that its volatility is standing at 24.02% during that period while stretching the period over a month that increases to 29.51%. 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 66.01 which implies that the stock is in neutral territory.

Over the week, SIDU’s stock price is moving 7.93% up while it is 226.67% when we observe its performance for the past one month. Year-to-date it is -44.38% down and over the past year, the stock is showing a downside performance of -44.38%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is -0.78.

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 -1.56. Stock has a price to book (P/B) ratio of 2.21 while price to sale or P/S ratio amounts to 7.88. Its return on asset (ROA) is -74.18% on average.