Sigma Labs, Inc. (SGLB) Stock: Why It’s Headed For The Top

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Sigma Labs, Inc. (SGLB) is trending up in the market in today’s trading session. The stock, focused on the tech space, is currently trading at $1.45 after gaining 11.54% so far in today’s session. When it comes to tech companies, there are a number of aspects that have the ability to lead to price movement in the market. One of the most common is news. Here are the most recent headlines surrounding SGLB:

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Mar-15-19 01:37PM Dawson James Securities Announces the Closing of Public Offering Unit Transaction for Sigma Labs, Inc.
Mar-13-19 08:56AM Sigma Labs, Inc. Announces Pricing of Public Offering of 1,400,800 Units
Mar-12-19 05:14PM Sigma Labs Announces Proposed Public Offering of Securities
Feb-26-19 08:00AM Sigma Labs Joins Manufacturing Technology Centre to Advance Industrialization of Additive Manufacturing with In-Process Quality Control
Feb-12-19 08:00AM Sigma Labs Joins Additive Alliance of Fraunhofer IAPT

However, any time investors are making an investing decision, investors should focus on much more than just news, especially in the ever changing tech space. Here’s what’s happening in regard to Sigma Labs, Inc..

Recent Movement Out of SGLB

Although a single session gain, like what we’re seeing from Sigma Labs, Inc. may lead to excitement in some investors, that alone shouldn’t be the reason for a decision to, or not to, invest in a company. It is generally smart to dig into trends experienced by the stock for a period longer than a single trading day. As it relates to SGLB, here are the returns that we’ve seen:

  • Past 5 Trading Sessions – Over the last seven days, SGLB has produced a price change that amounts to -18.54%.
  • Monthly – The monthly returns from Sigma Labs, Inc. works out to -34.09%.
  • Past Quarter – Over the past three months, the company has generated a return on investment that works out to -3.97%
  • Past Six Months – Throughout the previous 6 months, we’ve seen a change that works out to 45.00% from the company.
  • This Year So Far – Since the the first trading session of this year SGLB has produced a ROI of -3.33%.
  • Full Year – Lastly, throughout the last full year, we’ve seen movement that works out to -1.72% out of SGLB. Over this period of time, the stock has sold at a high of -51.67% and a low of 100.00%.

Key Ratios

Digging into a few key ratios having to do with a company generally gives prospective investors an understanding of how dangerous and/or potentially profitable a an investment option might be. Below are a few of the key ratios to think about when digging into SGLB.

Short Ratio – The short ratio is a measure of short interest. As the ratio climbs, it means that more investors believe that the stock is going to tumble. Throughout the sector, strong technology stocks tend to carry a lower short ratio. However, we also see a lot of short squeezes in the industry. Nonetheless, with regard to Sigma Labs, Inc., it’s short ratio is 4.16.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Essentially, they measure If a company is able to cover its debts as they mature with only quick assets or current assets. Because in tech, several companies are reliant on continued investor support as they work to bring new technologies to market, these ratios can seem bad. However, some gems in the tech space come with positive quick and current ratios. In terms of SGLB, the quick and current ratios total up to 4.50 and 4.90 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the book value of assets that are owned by the company. In the case of Sigma Labs, Inc., the book to share value ratio works out to 0.35.

Cash To Share Value – Finally, the cash to share value comparison compares the total amount of cash the company has on hand to the value of shares. As it relates to SGLB, the cash to share value ratio works out to 0.23.

Smart Money Follows Big Money

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in SGLB, here’s what we’re seeing:

Institutions own 7.20% of the company. Institutional interest has moved by -6.06% over the past three months. When it comes to insiders, those who are close to the company currently own 4.90% percent of SGLB shares. Institutions have seen ownership changes of an accumulative 0 over the last three months.

How Analysts Feel About Sigma Labs, Inc.

Although it’s rarely a good idea to blindly follow the opinions of analysts, it is a smart idea to consider their analysis to validate your own when it comes to making investment decisions in the technology industry. Below you’ll find the recent moves that we’ve seen from analysts as it relates to SGLB.

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Financial Performance

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.50. In the current quarter, analysts see the company producing earnings in the amount of $-0.14. Over the last 5 years, SGLB has generated revenue in the amount of $-8.30% with earnings coming in at -26.50%. On a quarter over quarter basis, earnings have seen movement of 34.70% and revenue has seen movement of 0.00%.

Looking At Share Counts

Traders seem to like to know the counts of shares both outstanding and available. In terms of Sigma Labs, Inc., there are currently 9.69M with a float of 6.59M. These data mean that of the total of 9.69M shares of SGLB currently in existence today, 6.59M are able to be traded in the public realm.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to SGLB, the short percent of the float is 3.85%.

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