Sidus Space (NASDAQ:SIDU) Upgraded to “Hold” at Wall Street Zen

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

Separately, Weiss Ratings restated 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, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Sidus Space Stock Performance

SIDU opened at $2.42 on Friday. The stock has a market capitalization of $160.98 million, a PE ratio of -1.88 and a beta of -1.64. Sidus Space has a one year low of $0.63 and a one year high of $5.39. The business’s 50 day moving average price is $2.52 and its 200 day moving average price is $1.61.

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

Institutional Investors Weigh In On Sidus Space

A number of hedge funds have recently bought and sold shares of SIDU. Ground Swell Capital LLC purchased a new position in shares of Sidus Space in the 4th quarter valued at about $33,000. Global Retirement Partners LLC acquired a new stake in Sidus Space in the fourth quarter valued at approximately $69,000. Jane Street Group LLC purchased a new position in Sidus Space in the second quarter worth approximately $95,000. SG Americas Securities LLC acquired a new position in Sidus Space during the 4th quarter worth approximately $118,000. Finally, Western Wealth Management LLC purchased a new stake in shares of Sidus Space in the 4th quarter valued at approximately $157,000. 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.