SPI Energy Co Ltd (SPI) Shares on the Rise: Short-term Analysis

SPI Energy Co Ltd [SPI] stock is trading at $0.54, up 76.47%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SPI shares have gain 60.19% over the last week, with a monthly amount glided 100.00%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

SPI Energy Co Ltd [NASDAQ: SPI] stock has seen the most recent analyst activity on September 27, 2021, when Maxim Group initiated its Buy rating and assigned the stock a price target of $12.

SPI Energy Co Ltd [SPI] stock has fluctuated between $0.27 and $1.26 over the past year. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. SPI Energy Co Ltd [NASDAQ: SPI] shares were valued at $0.54 at the most recent close of the market. An investor can expect a potential return of 1196.3% based on the average SPI price forecast.

Analyzing the SPI fundamentals

SPI Energy Co Ltd [NASDAQ:SPI] reported sales of 209.86M for the trailing twelve months, which represents a growth of 29.36%. Gross Profit Margin for this corporation currently stands at 0.11% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -2.16 and Total Capital is -0.27. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of5.24.

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 0.3561 points at the first support level, and at 0.1721 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.6670, and for the 2nd resistance point, it is at 0.7939.

Ratios To Look Out For

For context, SPI Energy Co Ltd’s Current Ratio is 0.41. Also, the Quick Ratio is 0.20, while the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 0.08, the price to book ratio is 6.55.

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