An Important Check-Up On Sigma Additive Solutions Inc (NASDAQ: SASI)

Susquehanna Financial Group LLLP has recently announced that it has increased stake in Sigma Additive Solutions Inc (NASDAQ:SASI) by 377.84%. After grabbing 11946.0 shares, the institutional investor is now in possession of 9446.0 shares of the Technology Company. The new investment brought the stake of investor firm to 1.53% having worth around $44320.0. Moreover, UBS Securities LLC increased its share by 3456.0 to have a control over 3456.0 shares. And Group One Trading LP raised its holdings to 481.0 shares by acquiring 528.0 shares or 0.07% of the stake.

Sigma Additive Solutions Inc (SASI) concluded trading on 01/03/24 at a closing price of $4.00, with 13.94 million shares of worth about $55.75 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -45.50% during that period and on Wednesday the price saw a gain of about 37.93%. Currently the company’s common shares owned by public are about 0.78M shares, out of which, 0.78M shares are available for trading.

According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.

Vanguard Extended Market Index Fu, Fidelity Extended Market Index Fu, and Fidelity Total Market Index Fund are the top 3 mutual funds which are holding stakes in Sigma Additive Solutions Inc Vanguard Extended Market Index Fu is currently holding 5427.0 shares of worth totaling $20134.0. The company recently came buying 0.0 shares which brought its stake up to 0.70% of the company’s outstanding shares. Fidelity Total Market Index Fund, after buying 1241.0 shares, have now control over 0.16% of the stake in the company. It holds 1.0 shares of worth $4604.0.

Sigma Additive Solutions Inc (NASDAQ: SASI) started trading at $4.69, above $1.79 from concluding price of the previous day. Stock saw a price change of 25.79% in past 5 days and over the past one month there was a price change of 32.01%. Year-to-date (YTD), SASI shares are showing a performance of 32.32% which decreased to -50.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.39 but also hit the highest price of $14.20 during that period. The average intraday trading volume for Sigma Additive Solutions Inc shares is 1.00 million. The stock is currently trading 31.49% above its 20-day simple moving average (SMA20), while that difference is up 12.20% for SMA50 and it goes to -29.30% lower than SMA200.

Susquehanna Financial Group LLLP acquired 11946.0 shares of Sigma Additive Solutions Inc having value of about $44320.0. Data submitted at the U.S SEC by Susquehanna Financial Group LLLP revealed that the firm now holds 9446.0 shares in the company valued at close to $37784.0, or have control over 377.84% stake in the company. Sigma Additive Solutions Inc (NASDAQ: SASI) currently have 0.78M outstanding shares and institutions hold larger chunk of about 4.67% of that. Holding of mutual funds in the company is about 1.37% while other institutional holders and individual stake holders have control over 3.30% and — of the stake respectively.

The stock has a current market capitalization of $3.12M and its 3Y-monthly beta is at 1.51. It has posted earnings per share of -$11.06 in the same period. It has Quick Ratio of 0.76 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SASI, volatility over the week remained 22.89% while standing at 11.69% over the month.

Analysts are in expectations that Sigma Additive Solutions Inc (SASI) stock would likely to be making an EPS of -$0.83 in the current quarter, while forecast for next quarter EPS is $0 and it is $0 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.83 which is -$0.83 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$3.6 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 53.31%.

Analysts at 1 brokerage firms have issued recommendations for the Sigma Additive Solutions Inc (SASI)’s stock and average of those rates the stock at a “Hold” and assign it a score of 3.00. Out of those 1 Wall Street analysts, 0 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.

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