Are Sphere 3D Corp (ANY) stocks a prudent buy?

Sphere 3D Corp [ANY] stock is trading at $1.03, up 4.70%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling.

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From an analyst’s perspective:

Sphere 3D Corp [NASDAQ: ANY] stock has seen the most recent analyst activity on January 19, 2016, when Ladenburg Thalmann initiated its Buy rating and assigned the stock a price target of $3. Previously, ROTH Capital started tracking the stock with Buy rating on June 24, 2015, and set its price target to $8.

Sphere 3D Corp [ANY] stock has fluctuated between $0.57 and $4.09 over the past year. Sphere 3D Corp [NASDAQ: ANY] shares were valued at $1.03 at the most recent close of the market.

Analyzing the ANY fundamentals

Sphere 3D Corp [NASDAQ:ANY] reported sales of 25.03M for the trailing twelve months, which represents a drop of -14.64%. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at -0.74%, Pretax Profit Margin comes in at -0.7%, and Net Profit Margin reading is -0.7%. To continue investigating profitability, this company’s Return on Assets is posted at -0.4, Equity is -0.47 and Total Capital is -0.46.

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 0.9867 points at the first support level, and at 0.9433 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0567, and for the 2nd resistance point, it is at 1.0833.

Ratios To Look Out For

For context, Sphere 3D Corp’s Current Ratio is 4.39. Also, the Quick Ratio is 4.39, while the Cash Ratio stands at 1.08. Considering the valuation of this stock, the price to sales ratio is 0.85, the price to book ratio is 0.63.

Transactions by insiders

Recent insider trading involved Trompeter Patricia, CEO, that happened on Jun 12 ’24 when 0.12 million shares were sold. SVP and CFO, Kalbfleisch Kurt L. completed a deal on Jun 11 ’24 to sell 80000.0 shares. Meanwhile, CEO Trompeter Patricia sold 0.15 million shares on Jun 11 ’24.

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