Don’t Get Caught Up In Reefer Madness: SIGA Technologies, Inc. (SIGA), XOMA Corporation (XOMA)

The price of SIGA Technologies, Inc. (NASDAQ:SIGA) went up by $0.22 now trading at $5.65. Their shares witnessed a 20.73% increase from the 52-week low price of $4.68 they recorded on 2018-11-05. Even though it is still -49.91% behind the $8.47 high touched on 2018-08-22. The last few days have been good for the stock, as its price has grew by 2.91% during the week. It has also performed poorly over the past three months, as it lost around -14% while it has so far retreated around -13.87% during the course of a year. The stock of SIGA recorded -28.48% downtrend from the beginning of this year till date. The 12-month potential price target for SIGA Technologies, Inc. is set at $11. This target means that the stock has an upside potential to increase by 94.69% from the current trading price.

32 institutions entered new SIGA Technologies, Inc. (NASDAQ:SIGA) positions, 64 added to their existing positions in these shares, 34 lowered their positions, and 13 exited their positions entirely.

SIGA Technologies, Inc. (SIGA) trade volume has decreased by -17.57% as around 149,575 shares were sold when compared with its 50-day average volume of traded shares which is 181,456. At the moment, SIGA is witnessing a uptrend, as it is trading 5.29% above its 20-day SMA, -0.91% below its 50-day SMA, and -11.66% below its 200-day SMA. The company runs an ROE of roughly 0%, with financial analysts predicting that their earnings per share growth will be around 1% per annum for the next five year. This will be compared to the 77.9% increase witnessed over the past five years.

The first technical resistance point for SIGA Technologies, Inc. (NASDAQ:SIGA) will likely come at $5.82, marking a 2.92% premium to the current level. The second resistance point is at $5.99, about 5.68% premium to its current market price. On the other hand, inability to breach the immediate hurdles can drag it down to $5.19, the lower end of the range. SIGA’s 14-day MACD is 0.08 and this positive figure indicates an upward trading trend. The company’s 14-day RSI (relative strength index) score is 55.07, which shows that its stock has been neutral. The 20-day historical volatility for the stock stands at 33.18 percent, which is low when compared to that of the 50-day’s 35.07 percent.

The shares of XOMA Corporation (NASDAQ:XOMA) has increased by 5.94%, and now trading at $15.7 on the Wall Street in the intra-day deal, with their shares traded now around 182,705. This is a rise of 128,667 shares over the average 54,038 shares that were traded daily over the last three months. The stock that is trading at $15.7 went higher by 42.47% from its 52-week low of $11.02 that it attained back on 2018-12-24. The stock recorded a 52-week high of $25.99 nearly 287 days ago on 2018-08-02.

XOMA stock has performed well over the past 30 days, as it added 22.66% while its price climbed by 24.11% year-to-date (YTD). Looking at the last few days, it has been good for the stock, as it rose 10.49% over the last week. The stock’s 12-month potential target price is now at $28.5. This means that the stock price might likely increase by 81.53% from its current trading price. 2 out of 3 Wall Street analysts which represents 66.67% rated the stock as a buy while the remaining 33.33% rated it as a hold, with 0% of analysts rating it as a sell.

XOMA Corporation (NASDAQ:XOMA) has been utilizing an ROE that is roughly -51.7%, with stock analysts predicting that the company’s EPS for the next five years will go up by 19% per year, following the 43.8% raise that was witnessed during the past five years. The stock at the moment is on a uptrend, trading 20.86% above its 20-day SMA, 17.15% above its 50-day SMA, and 5.54% above its 200-day SMA. In percentage terms, the aggregate XOMA Corporation shares held by institutional investors is 54.2%. 5 institutions jumped in to acquire XOMA Corporation (XOMA) fresh stake, 25 added to their current holdings in these shares, 25 lowered their positions, and 11 left no stake in the company.

The stock’s 9-day MACD is 0.83 and this positive figure indicates an upward trading trend. The company’s 9-day RSI score is 80.54, which shows that its stock has been overbought. The 20-day historical volatility for the shares stand at 55.35 percent, which is more when compared to that of the 50-day’s 46.21 percent. On the daily chart, we see that the stock could reach the first level of resistance at $16.75, sporting a 6.27% premium to the current level. The next resistance point is at $17.79, representing nearly 11.75% premium to the current market price of XOMA Corporation (XOMA). On the other hand, failure to breach the immediate hurdles can drag it down to $13.65, the lower end of the range.