Market Recap: SciSparc Ltd (SPRC)’s Positive Momentum%, Closing at $1.77

Kiel Thompson

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

The closing price of SciSparc Ltd (NASDAQ: SPRC) was $1.77 for the day, up 3.51% from the previous closing price of $1.71. In other words, the price has increased by $3.51 from its previous closing price. On the day, 0.26 million shares were traded. SPRC stock price reached its highest trading level at $1.93 during the session, while it also had its lowest trading level at $1.72.

Ratios:

Our analysis of SPRC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 0.55.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SPRC now has a Market Capitalization of 5799191. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.23.

Stock Price History:

The Beta on a monthly basis for SPRC is 1.25, which has changed by -0.6592947 over the last 52 weeks, in comparison to a change of 0.12469888 over the same period for the S&P500. Over the past 52 weeks, SPRC has reached a high of $37.59, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is -48.65%, while the 200-Day Moving Average is calculated to be -67.23%.

Shares Statistics:

SPRC traded an average of 5.24M shares per day over the past three months and 5273410 shares per day over the past ten days. A total of 1.62M shares are outstanding, with a floating share count of 1.62M. Insiders hold about 0.00% of the company’s shares, while institutions hold 0.48% stake in the company. Shares short for SPRC as of 1763078400 were 58794 with a Short Ratio of 0.01, compared to 1760486400 on 84249. Therefore, it implies a Short% of Shares Outstanding of 58794 and a Short% of Float of 2.97.