Sobr Safe Inc (SOBR) stock hits $1.21: Is it a good time to buy or wait for a dip?

Sobr Safe Inc [SOBR] stock prices are down -2.42% to $1.21 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The SOBR shares have gain 26.04% over the last week, with a monthly amount drifted -77.34%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

The stock price of Sobr Safe Inc [SOBR] has been fluctuating between $0.86 and $87.94 over the past year. Sobr Safe Inc [NASDAQ: SOBR] shares were valued at $1.21 at the most recent close of the market.

Analyzing the SOBR fundamentals

The Sobr Safe Inc [NASDAQ:SOBR] reported sales of 0.18M for trailing twelve months, representing a surge of 27.17%. Gross Profit Margin for this corporation currently stands at -0.65% with Operating Profit Margin at -42.54%, Pretax Profit Margin comes in at -48.77%, and Net Profit Margin reading is -48.77%. To continue investigating profitability, this company’s Return on Assets is posted at -2.68, Equity is -4.05 and Total Capital is -3.63. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.17.

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 1.1300 points at the first support level, and at 1.0500 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.3400, and for the 2nd resistance point, it is at 1.4700.

Ratios To Look Out For

It’s worth pointing out that Sobr Safe Inc [NASDAQ:SOBR]’s Current Ratio is 0.78. On the other hand, the Quick Ratio is 0.55, and the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 6.33, the price to book ratio is 0.18.

Transactions by insiders

Recent insider trading involved Beabout J. Steven, Director, that happened on Dec 18 ’24 when 1404.0 shares were purchased. 10% Owner, First Capital Holdings LLC completed a deal on Jan 31 ’24 to buy 19022.0 shares.

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