Sidus Space Inc. [SIDU] Investment Guide: What You Need to Know


In a filing, Sidus Space Inc. revealed its CEO Craig Carol Marlene acquired Company’s shares for reported $0.12 million on May 17. In the deal valued at $0.23 per share,500,000 shares were bought. As a result of this transaction, Craig Carol Marlene now holds 500,000 shares worth roughly $ 75000.0.

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Price Performance Review of SIDU

On Friday, Sidus Space Inc. [NASDAQ:SIDU] saw its stock jump 2.34% to $0.15. On the same session, the stock had its day’s lowest price of $0.1412, but rose to a high of $0.151. Over the last five days, the stock has gained 8.07%. Sidus Space Inc. shares have fallen nearly -86.36% since the year began. Nevertheless, the stocks have fallen -94.55% over the past one year. While a 52-week high of $4.22 was reached on 01/10/23, a 52-week low of $0.12 was recorded on 08/17/23. SMA at 50 days reached $0.1690, while 200 days put it at $0.6065. A total of 2.22 million shares were traded, compared to the trading of 4.09 million shares in the previous session.

Levels Of Support And Resistance For SIDU Stock

The 24-hour chart illustrates a support level at 0.1429, which if violated will result in even more drops to 0.1372. On the upside, there is a resistance level at 0.1527. A further resistance level may holdings at 0.1568. The Relative Strength Index (RSI) on the 14-day chart is 47.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.0008, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.33%. Stochastics %K at 16.44% indicates the stock is a buying.

How much short interest is there in Sidus Space Inc.?

A steep rise in short interest was recorded in Sidus Space Inc. stocks on Aug 14, 2023, dropping by -0.12 million shares to a total of 1.35 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 1.47 million shares. There was a decline of -8.89%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 2.15% of the overall stock float, the days-to-cover ratio (short ratio) fell to 0.68.

Sidus Space Inc. [SIDU] – Who Are The Largest Shareholders?

In filings from Sabby Management LLC, it is revealed that the company now owns 6,413,644 shares, or roughly 10.45% of the outstanding SIDU shares.. At present, SSgA Funds Management, Inc. is holding 92,135 shares valued at $15571.0. Two Sigma Securities LLC owned 84,719 shares of the company at the time of its most recent 13F filing, worth $14318.0.

According to FactSet, Sidus Space Inc.’s share price will average $0.65 in the next year, based on opinions of analysts polled by the firm. This is up nearly 333.33 percent from its previous closing price of $0.15. Analysts expect Sidus Space Inc. stock to reach the higher price of $0.65, while the lowest price estimate is $0.65. However, 1 analyst have rated SIDU stock as a Buy in their predictions for 2023.


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