Sphere 3D Corp (ANY) concluded trading on 01/11/24 at a closing price of $2.39, with 3.56 million shares of worth about $8.51 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -19.26% during that period and on Thursday the price saw a loss of about -13.09%. Currently the company’s common shares owned by public are about 14.36M shares, out of which, 13.97M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 1 analysts are covering the ANY stock and their offered price forecasts bring an average price target of $5.00. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $5.00 and could fall to a lowest price of $5.00. The stock’s current price level is 52.2% above of average price target set by the analysts, while a rise to estimated low would result in gain of 52.2% for the stock. However, touching the estimated high of $5.00 would mean a gain of 52.2% for the stock.
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According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 15 times over the past 12 months. They bought 1,127,100 shares in 8 of the transactions. In 7 selling transactions, insiders dumped 350,180 shares.
Sphere 3D Corp (NASDAQ: ANY) started trading at $3.04, above $0.29 from concluding price of the previous day. However, the stock later moved at a day high price of 3.2199, or with a loss of -13.09%. Stock saw a price change of -16.43% in past 5 days and over the past one month there was a price change of 107.83%. Year-to-date (YTD), ANY shares are showing a performance of -28.01% which increased to 3.15% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.57 but also hit the highest price of $4.09 during that period. The average intraday trading volume for Sphere 3D Corp shares is 2.12 million. The stock is currently trading -6.11% below its 20-day simple moving average (SMA20), while that difference is up 47.04% for SMA50 and it goes to 22.00% higher than SMA200.
Sphere 3D Corp (NASDAQ: ANY) currently have 14.36M outstanding shares and institutions hold larger chunk of about 0.81% of that.
The stock has a current market capitalization of $34.32M and its 3Y-monthly beta is at 2.89. It has posted earnings per share of -$13.20 in the same period. It has Quick Ratio of 0.78 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ANY, volatility over the week remained 20.76% while standing at 21.30% over the month.
Analysts are in expectations that Sphere 3D Corp (ANY) stock would likely to be making an EPS of -$0.28 in the current quarter, while forecast for next quarter EPS is $0 and it is -$1.69 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.28 which is -$0.28 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to rise by 92.34% while it is estimated to decrease by -8.33% in next year. EPS is likely to shrink at an annualized rate of 20.00% for next 5-years, compared to annual growth of 61.34% made by the stock over the past 5-years.
Analysts at 1 brokerage firms have issued recommendations for the Sphere 3D Corp (ANY)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.00. Out of those 1 Wall Street analysts, 1 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Ladenburg Thalmann on January 19, 2016 offering a Buy rating for the stock and assigned a target price of $3 to it.
