Sidus Space (NASDAQ:SIDU) Upgraded at Wall Street Zen

Sidus Space (NASDAQ:SIDU) was upgraded by research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Sidus Space in a report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Sidus Space currently has a consensus rating of “Sell”.

Sidus Space Price Performance

Shares of NASDAQ SIDU opened at $2.42 on Friday. The stock has a fifty day moving average price of $2.52 and a 200 day moving average price of $1.62. Sidus Space has a 1-year low of $0.63 and a 1-year high of $5.39. The company has a market cap of $160.98 million, a PE ratio of -1.88 and a beta of -1.64.

Sidus Space (NASDAQ:SIDU) last announced its quarterly earnings data on Friday, November 14th. The company reported ($0.24) earnings per share (EPS) for the quarter. Sidus Space had a negative net margin of 655.33% and a negative return on equity of 116.44%. The firm had revenue of $1.30 million during the quarter.

Institutional Trading of Sidus Space

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Global Retirement Partners LLC purchased a new stake in Sidus Space during the fourth quarter worth about $69,000. DNB Asset Management AS purchased a new stake in shares of Sidus Space during the 4th quarter worth approximately $442,000. Western Wealth Management LLC acquired a new stake in shares of Sidus Space in the 4th quarter worth approximately $157,000. Ground Swell Capital LLC purchased a new position in Sidus Space in the 4th quarter valued at approximately $33,000. Finally, Thompson Davis & CO. Inc. purchased a new position in Sidus Space in the 4th quarter valued at approximately $194,000. Institutional investors and hedge funds own 17.91% of the company’s stock.

Sidus Space Company Profile

Sidus Space Inc (NASDAQ: SIDU) is an end-to-end space-as-a-service company headquartered in Houston, Texas. The firm provides mission design, spacecraft manufacturing, ground segment infrastructure and mission operations through a turnkey approach tailored to commercial and government customers. Sidus leverages its integrated supply chain to support client missions from concept development through data delivery.

The company’s product offerings include small satellite buses, flight computers, payload integration services and proprietary ground control software, supplemented by cloud-based data processing and analytics tools.