Shares of SIGA Technologies Inc. (NASDAQ:SIGA) traded today at $9.20, eclipsing its 52-week high. So far today approximately 154,000 shares have been exchanged, as compared to an average 30-day volume of 199,000 shares.
SIGA Technologies Inc is a commercial-stage pharmaceutical company focused on the health security market. The company’s lead product is TPOXX, an orally administered antiviral drug for the treatment of human smallpox disease caused by the variola virus. Its products target orthopoxvirus infections including smallpox.
In the past 52 weeks, shares of SIGA Technologies Inc. have traded between a low of $5.66 and a high of $9.20 and is now at $8.83, which is 56% above that low price.
There is potential upside of 243.3% for shares of SIGA Technologies Inc. based on a current price of $8.83 and an average consensus analyst price target of $30.31.
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