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

Wall Street Zen upgraded shares of Sidus Space (NASDAQ:SIDU) from a sell rating to a hold rating in a research report sent to investors on Saturday morning.

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

Sidus Space Trading Up 1.7%

NASDAQ:SIDU opened at $2.46 on Friday. The business’s fifty day moving average price is $2.55 and its 200 day moving average price is $1.61. The firm has a market capitalization of $163.64 million, a price-to-earnings ratio of -1.91 and a beta of -1.64. Sidus Space has a 1-year low of $0.63 and a 1-year high of $5.39.

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

Institutional Investors Weigh In On Sidus Space

Large investors have recently made changes to their positions in the company. Ground Swell Capital LLC bought a new position in Sidus Space during the fourth quarter valued at approximately $33,000. Global Retirement Partners LLC bought a new position in shares of Sidus Space during the 4th quarter valued at $69,000. Jane Street Group LLC bought a new position in shares of Sidus Space during the 2nd quarter valued at $95,000. SG Americas Securities LLC acquired a new stake in shares of Sidus Space in the 4th quarter valued at $118,000. Finally, Western Wealth Management LLC bought a new stake in Sidus Space in the fourth quarter worth $157,000. Institutional investors 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.