Monthly Drifts in Sphere 3D Corp (ANY) Stock: A Closer Look

Sphere 3D Corp [ANY] stock prices are up 2.83% to $1.09 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ANY shares have gain 7.92% over the last week, with a monthly amount drifted -23.78%, and not seem to be holding up well over a long-time horizon.

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.

The stock price of Sphere 3D Corp [ANY] has been fluctuating between $0.67 and $3.22 over the past year. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Sphere 3D Corp [NASDAQ: ANY] shares were valued at $1.09 at the most recent close of the market. An investor can expect a potential return of 175.23% based on the average ANY price forecast.

Analyzing the ANY fundamentals

The Sphere 3D Corp [NASDAQ:ANY] reported sales of 21.66M for trailing twelve months, representing a drop of -58.86%. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at -0.8%, Pretax Profit Margin comes in at -0.5%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -0.25, Equity is -0.29 and Total Capital is -0.43.

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 1.0375 points at the first support level, and at 0.9851 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.1362, and for the 2nd resistance point, it is at 1.1825.

Ratios To Look Out For

It’s worth pointing out that Sphere 3D Corp [NASDAQ:ANY]’s Current Ratio is 4.09. Further, the Quick Ratio stands at 4.09, while the Cash Ratio is 1.39. Considering the valuation of this stock, the price to sales ratio is 1.28, the price to book ratio is 0.47.

Transactions by insiders

Recent insider trading involved Trompeter Patricia, CEO, that happened on Dec 13 ’24 when 35000.0 shares were sold. Officer, Trompeter Patricia completed a deal on Dec 13 ’24 to buy 35000.0 shares. Meanwhile, CEO Trompeter Patricia sold 20000.0 shares on Dec 10 ’24.

Related Posts