How Analysts Feel About Sigma Labs, Inc. (SGLB) After Achieving 52 Week Low?

July 12, 2018 - By Richard Conner

Sigma Labs, Inc. (NASDAQ:SGLB) Logo

The stock of Sigma Labs, Inc. (NASDAQ:SGLB) hit a new 52-week low and has $0.81 target or 6.00 % below today’s $0.86 share price. The 9 months bearish chart indicates high risk for the $5.37 million company. The 1-year low was reported on Jul, 12 by If the $0.81 price target is reached, the company will be worth $322,140 less.
The 52-week low event is an important milestone for every stock because it shows very negative momentum and is time when sellers come in. During such technical setups, fundamental investors usually stay away and are careful buying the stock.

The stock decreased 1.39% or $0.01 during the last trading session, reaching $0.86. About 157,278 shares traded. Sigma Labs, Inc. (NASDAQ:SGLB) has declined 41.59% since July 12, 2017 and is downtrending. It has underperformed by 54.16% the S&P500.

More notable recent Sigma Labs, Inc. (NASDAQ:SGLB) news were published by: which released: “Sigma Labs Announces Proposed Public Offering of Securities” on June 21, 2018, also with their article: “Dawson James Securities Announces the Closing of Public Offering for Sigma Labs, Inc. for Gross Proceeds of $2390000” published on June 27, 2018, published: “Mid-Day Market Update: Crude Oil Up Over 4%; WillScot Shares Spike Higher” on June 22, 2018. More interesting news about Sigma Labs, Inc. (NASDAQ:SGLB) were released by: and their article: “Sigma Labs, Inc. Announces Pricing of Public Offering of 2390000 Units” published on June 22, 2018 as well as‘s news article titled: “Form 8-K SIGMA LABS, INC. For: Jun 22” with publication date: June 26, 2018.

Sigma Labs, Inc. develops and commercializes manufacturing and materials technologies. The company has market cap of $5.37 million. It offers PrintRite3D quality assurance software apps primarily for 3D printing and additive manufacturing industries. It currently has negative earnings. The companyÂ’s products are used in advanced manufacturing technologies to assure part quality in real time as the part is being made and enhance process control practices.

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