Could this be the case of a blown-up long-term opportunity? Sobr Safe Inc (SOBR)

Sobr Safe Inc [SOBR] stock prices are up 10.04% to $0.12 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SOBR shares have gain 10.53% over the last week, with a monthly amount drifted -17.39%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

The stock price of Sobr Safe Inc [SOBR] has been fluctuating between $0.10 and $1.56 over the past year. Sobr Safe Inc [NASDAQ: SOBR] shares were valued at $0.12 at the most recent close of the market.

Analyzing the SOBR fundamentals

The Sobr Safe Inc [NASDAQ:SOBR] reported sales of 0.17M for trailing twelve months, representing a surge of 44.12%. Gross Profit Margin for this corporation currently stands at -1.32% with Operating Profit Margin at -46.21%, Pretax Profit Margin comes in at -53.58%, and Net Profit Margin reading is -53.58%. To continue investigating profitability, this company’s Return on Assets is posted at -1.82, Equity is -3.41 and Total Capital is -2.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.08.

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 0.1069 points at the first support level, and at 0.0889 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.1396, and for the 2nd resistance point, it is at 0.1543.

Ratios To Look Out For

It’s worth pointing out that Sobr Safe Inc [NASDAQ:SOBR]’s Current Ratio is 2.01. Also, the Quick Ratio is 1.80, while the Cash Ratio stands at 1.69. Considering the valuation of this stock, the price to sales ratio is 25.54, the price to book ratio is 1.16.

Transactions by insiders

Recent insider trading involved First Capital Holdings LLC, 10% Owner, that happened on Jan 31 ’24 when 19022.0 shares were purchased.

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