Sidus Space (NASDAQ:SIDU) Trading Down 0.9%

Shares of Sidus Space, Inc. (NASDAQ:SIDUGet Rating) dropped 0.9% during mid-day trading on Tuesday . The company traded as low as $2.20 and last traded at $2.24. Approximately 228,785 shares were traded during trading, a decline of 93% from the average daily volume of 3,083,721 shares. The stock had previously closed at $2.26.

Sidus Space Stock Down 0.9 %

The company has a debt-to-equity ratio of 0.12, a quick ratio of 3.72 and a current ratio of 3.82. The stock has a 50-day simple moving average of $3.09 and a 200-day simple moving average of $3.02.

Sidus Space (NASDAQ:SIDUGet Rating) last announced its quarterly earnings data on Friday, August 12th. The company reported ($0.15) earnings per share for the quarter. The firm had revenue of $1.85 million during the quarter. Equities analysts expect that Sidus Space, Inc. will post -0.52 EPS for the current year.

Institutional Investors Weigh In On Sidus Space

Hedge funds have recently modified their holdings of the stock. Jane Street Group LLC lifted its holdings in shares of Sidus Space by 113.9% during the second quarter. Jane Street Group LLC now owns 30,809 shares of the company’s stock valued at $102,000 after purchasing an additional 16,406 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of Sidus Space during the first quarter valued at $47,000. State Street Corp purchased a new stake in shares of Sidus Space during the second quarter valued at $40,000. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of Sidus Space during the second quarter valued at $33,000. 2.34% of the stock is owned by hedge funds and other institutional investors.

About Sidus Space

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Sidus Space, Inc, a space-as-a-service company, engages in the design, manufacture, launch, and data collection of commercial satellite worldwide. Its services include satellite manufacturing; precision manufacturing, assembly, and test; low earth orbit microsatellite; payload integrations; launch and support services; space-based data services and analytics; precision computer numerical control machining and fabrication; Swiss screw machining; wire cable harness fabrication; 3D composite and metal printing; and satellite deployment and microgravity testing and research services, as well as services related to electrical and electronic assemblies.

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