Sphere 3D Corp. (NASDAQ:ANY) currently has a daily average trading volume of 839.54K but it saw 1251599 shares traded on Thursday. With a market cap of 25.05M USD, stock’s current market price of $0.30 came falling about -5.30 while comparing to the previous closing price of $0.32. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.10 and as low as $0.23. In the recent trading on the day, stock has struck highest price mark of $0.32 while lowest mark touched by it was $0.297.
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Taking a look at 20-day trading activity of Sphere 3D Corp. (ANY) gives us an average price of $0.3809, while its current price level is -72.73% below from 52-week high level whereas it is 29.81% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.3782 while that of 200 days or SMA-200 reads an average of $0.4232. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.29% during that period while stretching the period over a month that increases to 8.78%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 32.64 which implies that the stock is in neutral territory.
Sphere 3D Corp. (ANY)’s stock is currently under the radar of 1 analysts who are in consensus at a 12-month price target range of between $10.00 and $10.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $10.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $10.00. Average price target assigned by them is $10.00 which highlights an upside potential of 97.0% for the stock over that period. And to attain the median price target of $10.00 assigned by those analysts, stock has to add about 97.0% of value to its current levels.
Data by FactSet Research shows that 1 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 1 analysts suggested the investors to Buy the stock while 0 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Buy for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, ANY’s stock price is moving -11.74% down while it is -31.83% when we observe its performance for the past one month. Year-to-date it is 8.89% up and over the past year, the stock is showing a downside performance of -68.05%.
The company is expected to be releasing its next quarterly report in 08/16/2023, for which analysts forecasted an EPS of $0 while estimate for next year EPS is $0.
Currently, Sphere 3D Corp.’s total number of outstanding shares is 72.04M with 2.79% of that held by the insiders while 1.28% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -508.80% and return on equity (ROE) at -176.90%. Stock’s beta reads 2.30. Stock has a price to book (P/B) ratio of 0.71 while price to sale or P/S ratio amounts to 3.25. Its return on asset (ROA) is -121.30% on average.
