Spire Global Inc [SPIR] stock is trading at $14.12, up 8.95%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SPIR shares have gain 29.90% over the last week, with a monthly amount glided 34.86%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Spire Global Inc [NYSE: SPIR] stock has seen the most recent analyst activity on June 13, 2024, when Alliance Global Partners reiterated its Buy rating. Previously, Craig Hallum started tracking the stock with Buy rating on June 05, 2024, and set its price target to $13. On April 18, 2024, Alliance Global Partners initiated with a Buy rating and assigned a price target of $22 on the stock. Credit Suisse started tracking the stock assigning a Neutral rating and suggested a price target of $2 on October 12, 2022. Canaccord Genuity initiated its recommendation with a Buy and recommended $3.50 as its price target on August 30, 2022. Raymond James started tracking with a Outperform rating for this stock on April 22, 2022, and assigned it a price target of $4. In a note dated March 28, 2022, CJS Securities initiated an Market Outperform rating and provided a target price of $6 on this stock.
Spire Global Inc [SPIR] stock has fluctuated between $3.27 and $19.40 over the past year. Currently, Wall Street analysts expect the stock to reach $57.67 within the next 12 months. Spire Global Inc [NYSE: SPIR] shares were valued at $14.12 at the most recent close of the market. An investor can expect a potential return of 308.43% based on the average SPIR price forecast.
Analyzing the SPIR fundamentals
Spire Global Inc [NYSE:SPIR] reported sales of 107.22M for the trailing twelve months, which represents a growth of 6.29%. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at -0.39%, Pretax Profit Margin comes in at -0.67%, and Net Profit Margin reading is -0.67%. To continue investigating profitability, this company’s Return on Assets is posted at -0.27, Equity is -0.88 and Total Capital is -0.18. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.39.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.12 points at the first support level, and at 12.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.93, and for the 2nd resistance point, it is at 15.74.
Ratios To Look Out For
For context, Spire Global Inc’s Current Ratio is 2.22. Also, the Quick Ratio is 2.22, while the Cash Ratio stands at 1.24. Considering the valuation of this stock, the price to sales ratio is 3.20, the price to book ratio is 4.02.
Transactions by insiders
Recent insider trading involved Platzer Peter, Chief Executive Officer, that happened on Feb 22 ’24 when 14640.0 shares were sold. Chief Operating Officer, Condor Theresa completed a deal on Feb 22 ’24 to sell 6858.0 shares. Meanwhile, Chief Executive Officer Platzer Peter sold 12534.0 shares on Feb 21 ’24.
