Is Sigma Labs, Inc. (SGLB) Going To Reach Wallstreet’s Targets?

Sigma Labs, Inc. (SGLB) has seen some recent activity in the stock market and its shares closed trading at $2.6100 yesterday. Traders are starting to take interest of SGLB as the shares traded as high as $2.6600 and as low as $2.5800 in the prior trading session.

Sigma Labs, Inc. (SGLB) average trading volume is 612.23K. However, in the prior trading session Sigma Labs, Inc. (SGLB) exchanged 162,281 shares. The 1st downside support level on SGLB is $2.59 and the 1st upside resistance level on SGLB is $10.96. SGLB 50day moving average is $2.6442 and SGLB two hundred day moving average is $2.1610.

Sigma Labs, Inc. (SGLB) most current performance has been specified by the recent movement in SGLB shares. SGLB has performed 4.40% over the past 30 days, SGLB has performed 1.16% over the past 3 months and SGLB has shown -80.52% over the past 12 months. Sigma Labs, Inc. (SGLB) has a 52 week range of $0.4511 to $7.0000. Sigma Labs, Inc. (SGLB) is trading 32.49% from its 52 week low and -84.65% from its 52 week high. Sigma Labs, Inc. (SGLB) is showing a 5.46% short float showing the sum short in the float.

SGLB has 3.09M shares outstanding and 2.80M shares in the float. Sigma Labs, Inc. (SGLB) presently has a market cap of $8.30M and income of -6.70M. . The market cap of Sigma Labs, Inc. (SGLB) at $8.30M represents how many Traders own shares of SGLB and is calculated off the last price ($2.6100) of SGLB and the sum of shares outstanding (3.09M) with Sigma Labs, Inc. (SGLB).

Sigma Labs, Inc. (SGLB) has aggregate cash (mrq) of 631.02k, aggregate cash per share (mrq) of 0.2, . Sigma Labs, Inc. (SGLB) running cash flow (ttm) is -5.97M, SGLB leveraged free cash flow (ttm) is -3.12M.

SGLB is trading -4.02% below (bearish) its SMA20, 2.55% above (bullish) its SMA50 and -57.05% below (bearish) its SMA200.