Sphere 3D Corp. (NASDAQ:ANY) does about 877.33K shares in volume on a normal day but saw 2079783 shares change hands in Monday trading. The company now has a market cap of 25.75M USD. Its current market price is $0.42, marking a decrease of -5.99% compared to the previous close of $0.45. The 52 week high reached by this stock is $3.41 whilst the lowest price level in 52 weeks is $0.23. The script in recent trading has seen the stock touch a high of $0.45 and a low of $0.4001.
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Sphere 3D Corp. (ANY) has a 20-day trading average at $0.3348 and the current price is -87.62% off the 52-week high compared with 82.60% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.3384 and its 200-day simple moving average is $0.6981. If we look at the stock’s price movements over the week, volatility stands at 16.54%, which increases to 18.12% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 59.42 to suggest the stock is neutral.
1 analysts observing the Sphere 3D Corp. (ANY) stock have set the 12-month price targets for the company’s shares at between $10.00 and $10.00. The median price target is 95.8% away from the current levels at $10.00.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Moderate Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on January 19, 2016 when Ladenburg Thalmann initiated the stock to “Buy” and issued a price target of $3.
The current price level is 28.14%, 24.85%, and -40.45% away from its SMA20, SMA50, and SMA200 respectively, with the ANY price moving below the 50-day SMA on January 23. Sphere 3D Corp. (ANY) stock is down -0.71% over the week and 36.17% over the past month. Its price is 53.18% year-to-date and -80.99% over the past year.
Its 12-month price target is $10.00. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $10.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $10.00.
Outstanding shares total 67.02M with insiders holding 4.52% of the shares and institutional holders owning 10.44% of the company’s common stock. The company has a return on investment of -8.60% and return on equity of -43.40%. The beta has a value of 2.41. Price to book ratio is 0.17 and price to sales ratio is 4.68.
