Positive Press Coverage Somewhat Unlikely to Affect SIGA Technologies (SIGA) Stock Price

Headlines about SIGA Technologies (NASDAQ:SIGA) have been trending positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. SIGA Technologies earned a daily sentiment score of 0.28 on Accern’s scale. Accern also gave news coverage about the biotechnology company an impact score of 46.548096997418 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

SIGA Technologies (SIGA) remained flat at $5.00 on Tuesday. 10,096 shares of the stock were exchanged. SIGA Technologies has a 52 week low of $1.90 and a 52 week high of $5.24. The company’s market cap is $394.54 million. The stock has a 50-day moving average of $3.62 and a 200 day moving average of $3.37.

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SIGA Technologies Company Profile

SIGA Technologies, Inc is engaged in the development and commercialization of solutions for various unmet medical needs and biothreats. The Company’s lead product is TPOXX, an orally administered antiviral drug that targets orthopoxviruses infections. TPOXX is a small-molecule drug delivered to the Strategic Stockpile under the Project BioShield Act of 2004 (Project BioShield).

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