Sigma Labs, Inc. (SGLB) Stock: Here’s What’s Happening

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Sigma Labs, Inc. (SGLB) is making a move up in the market today. The stock, one that is focused on the tech space, is currently priced at $0.67 after climbing 19.64% so far in today’s session. As it relates to tech companies, there are several aspects that have the potential to cause movement in the market. One of the most common is news. Here are the most recent trending headlines surrounding SGLB:

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Nov-07-19 08:31AM Sigma Labs to Present PrintRite3D Software with Materialise Control Platform (MCP) at Formnext 2019
Nov-05-19 08:31AM Sigma Labs Selected by Major Japanese OEM Machine Tool Manufacturer for Test and Evaluation Program of PrintRite3D
Oct-23-19 08:31AM Sigma Labs Awarded Contract by VTT Technical Research Centre of Finland
Oct-21-19 08:31AM Sigma Labs to Showcase PrintRite3D(R) Software Platform at Formnext 2019 in Frankfurt, Germany on November 19-22, 2019
Oct-17-19 08:31AM Sigma Labs to Host Third Quarter 2019 Results Conference Call on Thursday, November 14, 2019 at 4:30 p.m. Eastern Time

However, when making a decision to invest, prospective investors should look into far more than news, this is especially the case in the ever evolving tech space. Here’s what’s going on with Sigma Labs, Inc..

Recent Moves From SGLB

While a single session gain, like what we’re seeing from Sigma Labs, Inc. may lead to excitement in some investors, that by itself should not be the basis of a decision to, or not to, invest in a stock. It’s generally smart to dig into trends just a single session. When it comes to SGLB, below are the returns on investment that investors have experienced:

  • Weekly – In the last five trading sessions, SGLB has generated a price change amounting to 27.64%.
  • Past 30 Days – The monthly performance from Sigma Labs, Inc. has been 2.29%.
  • Past Quarter – Over the past quarter, the stock has generated a return on investment of 0.87%
  • Past Six Months – Over the past six months, we’ve seen a change of -48.85% from the company.
  • YTD – Since the close of last year SGLB has produced a ROI of -55.33%.
  • Full Year – Lastly, over the last year, we’ve seen movement that works out to -61.05% out of SGLB. In this period of time, the stock has traded at a high of -72.76% and a low price of 48.53%.

Ratios Of Note

Looking at various key ratios associated with a stock can give investors an understanding of just how dangerous and/or potentially profitable a an investment option may be. Here are a few of the most important ratios to consider when digging into SGLB.

Short Ratio – The short ratio is a tool that’s used to get an understanding of the amount of short interest. The higher this ratio, the more investors are expecting that the price of the stock is headed for declines. Across the sector, strong tech stocks can come with a lower short ratio. On the other hand, we also see quite a few short squeezes in the industry. Nonetheless, as it relates to Sigma Labs, Inc., it’s short ratio clocks in at 0.75.

Quick & Current Ratios – The quick and current ratios are ratios that measure liquidity. Basically, they measure whether or not a company can pay its debts when they mature with only current assets or quick assets. Because in tech, several companies are heavily reliant on the continuation of support from investors as they work to bring new technologies to market, the quick and current ratios can look bad. However, some gems in the tech sector do have strong quick and current ratios. When it comes to SGLB, the quick and current ratios come to 1.10 and 1.90 respectively.  

Book To Share Value – The book to share value ratio compares the value of assets currently owned by the company to the share price. In this case, the book to share value ratio comes in at 0.13.

Cash To Share Value – Finally, the cash to share value ratio compares the total amount of cash the company has on hand to the value of the company’s stock. In terms of SGLB, the cash to share value comes to 0.06.

What Institutions And Insiders Think Of Sigma Labs, Inc.

An interesting fact I have learned in my brief period alive, or somewhat alive is that smart money tends to follow big money players. In general, investors that are trying to keep their investments relatively safe will watch moves made by institutions as well as those on the inside. With that said, is big money flowing as it relates to SGLB? Here’s the information:

  • Institutions – At the moment, institutions hold 4.90% of SGLB. On the other hand, it’s worth mentioning that the ownership held by institutions has seen a move in the amount of 0 in the past 3 months.
  • Investors On The Inside – with regard to insiders, those close to the situation currently own 25.30% of Sigma Labs, Inc.. Insider ownership of the company has seen a move of 0 over the last 3 months.

What Analysts Think About Sigma Labs, Inc.

While it’s not a smart idea to unknowingly follow the opinions of analysts, it is a smart idea to consider their thoughts when validating your own opinions before making an investment decision in the technology industry. Here are the most recent moves that we’ve seen from analysts as it relates to SGLB.

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Earnings

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.29. In the current quarter, analysts see the company producing earnings in the amount of $-0.09. Over the last 5 years, SGLB has generated revenue in the amount of $-18.40% with earnings coming in at -21.90%. On a quarter over quarter basis, earnings have seen movement of 40.70% and revenue has seen movement of -66.00%.

Interested In How Many Shares Are Available?

Investors and traders tend to be interested in the total numbers of shares both available and outstanding. As it relates to Sigma Labs, Inc., currently there are 11.49M and there is a float of 10.80M. These numbers mean that of the total of 11.49M shares of SGLB that are out there today, 10.80M are available to trade hands on the market.

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 1.27%.

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