Sphere 3D Corp (ANY) Stock Up 10.08%: Latest Performance Analysis

A share price of Sphere 3D Corp [ANY] is currently trading at $0.54, up 10.08%. An important factor to consider is whether the stock is rising or falling in short-term value. The ANY shares have gain 17.43% over the last week, with a monthly amount glided 13.83%, and 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.

Sphere 3D Corp experienced fluctuations in its stock price throughout the past year between $0.36 and $1.90. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Sphere 3D Corp [NASDAQ: ANY] shares were valued at $0.54 at the most recent close of the market. An investor can expect a potential return of 455.56% based on the average ANY price forecast.

Analyzing the ANY fundamentals

Trailing Twelve Months sales for Sphere 3D Corp [NASDAQ:ANY] were 16.61M which represents -65.66% decline. Gross Profit Margin for this corporation currently stands at 0.19% with Operating Profit Margin at -1.29%, Pretax Profit Margin comes in at -0.56%, and Net Profit Margin reading is -0.57%. To continue investigating profitability, this company’s Return on Assets is posted at -0.22, Equity is -0.25 and Total Capital is -0.54.

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 0.4750 points at the first support level, and at 0.4150 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.6100, and for the 2nd resistance point, it is at 0.6850.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Sphere 3D Corp [NASDAQ:ANY] is 4.57. On the other hand, the Quick Ratio is 4.57, and the Cash Ratio is 1.39. Considering the valuation of this stock, the price to sales ratio is 0.84, the price to book ratio is 0.35.

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.

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