Sidus Space (NASDAQ:SIDU) Shares Up 2.3% – Time to Buy?

Sidus Space, Inc. (NASDAQ:SIDU)’s stock price shot up 2.3% on Wednesday . The company traded as high as $2.28 and last traded at $2.26. 414,190 shares were traded during trading, a decline of 32% from the average session volume of 605,920 shares. The stock had previously closed at $2.21.

Sidus Space Trading Up 4.7 %

The company has a 50 day moving average of $2.82 and a 200-day moving average of $2.89.

Sidus Space (NASDAQ:SIDU) last announced its quarterly earnings data on Monday, August 19th. The company reported ($0.99) EPS for the quarter. Sidus Space had a negative return on equity of 133.67% and a negative net margin of 355.98%. The company had revenue of $0.93 million for the quarter.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Sidus Space stock. AWM Investment Company Inc. bought a new position in shares of Sidus Space, Inc. (NASDAQ:SIDU) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 200,000 shares of the company’s stock, valued at approximately $678,000. AWM Investment Company Inc. owned 4.78% of Sidus Space as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 17.91% of the company’s stock.

About Sidus Space

Sidus Space, Inc, a space-as-a-service company, engages in the design, manufacture, launch, and data collection of commercial satellite worldwide. Its space services include satellite/space hardware manufacturing; Low Earth Orbit (LEO) launch and deployment services; and space-based geospatial intel, imagery, and data analytics.