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 report published on Friday morning.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Sidus Space in a research note on Saturday, September 27th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Sidus Space Stock Performance

SIDU opened at $1.10 on Friday. Sidus Space has a fifty-two week low of $0.93 and a fifty-two week high of $7.65. The firm has a 50-day moving average of $1.15 and a 200 day moving average of $1.43. The firm has a market cap of $27.99 million, a P/E ratio of -0.56 and a beta of -1.35.

Sidus Space (NASDAQ:SIDU) last released its earnings results on Thursday, August 14th. The company reported ($0.31) earnings per share for the quarter. Sidus Space had a negative net margin of 515.33% and a negative return on equity of 129.29%. The company had revenue of $1.26 million during the quarter.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC grew its stake in Sidus Space by 28.1% in the 2nd quarter. Geode Capital Management LLC now owns 120,799 shares of the company’s stock valued at $209,000 after buying an additional 26,498 shares in the last quarter. XTX Topco Ltd bought a new position in shares of Sidus Space in the second quarter worth $168,000. FNY Investment Advisers LLC purchased a new position in shares of Sidus Space in the first quarter valued at $107,000. Jane Street Group LLC bought a new stake in shares of Sidus Space during the 2nd quarter valued at $95,000. Finally, Essex Investment Management Co. LLC bought a new stake in shares of Sidus Space during the 1st quarter valued at $45,000. 17.91% of the stock is owned by institutional investors.

Sidus Space Company Profile

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.