SIGA Technologies, Inc. (OTCMKTS:SIGA) VP Dennis E. Hruby sold 50,000 shares of SIGA Technologies stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $5.61, for a total value of $280,500.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
SIGA opened at $5.68 on Friday. The firm has a 50-day moving average price of $5.57. SIGA Technologies, Inc. has a 1 year low of $4.68 and a 1 year high of $8.47.
SIGA Technologies (OTCMKTS:SIGA) last released its quarterly earnings results on Thursday, May 2nd. The biotechnology company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $10.46 million during the quarter.
Separately, TheStreet downgraded SIGA Technologies from a “b” rating to a “c+” rating in a research note on Friday, May 10th.
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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