Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Spire Global Inc’s stock clocked out at $10.46, up 1.06% from its previous closing price of $10.35. In other words, the price has increased by $1.06 from its previous closing price. On the day, 0.68 million shares were traded.
Ratios:
To gain a deeper understanding of SPIR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.40. In the meantime, Its Debt-to-Equity ratio is 3.60 whereas as Long-Term Debt/Eq ratio is at 0.51.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Craig Hallum on November 14, 2024, Upgraded its rating to Buy and sets its target price to $20 from $8 previously.
On November 14, 2024, Alliance Global Partners reiterated its Buy rating and also lowered its target price recommendation from $17 to $24.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 05 ’25 when Platzer Peter sold 51,291 shares for $10.91 per share. The transaction valued at 559,456 led to the insider holds 1,643,466 shares of the business.
Platzer Peter sold 145,600 shares of SPIR for $1,511,716 on Mar 04 ’25. The Executive Chairman now owns 1,694,757 shares after completing the transaction at $10.38 per share. On Mar 04 ’25, another insider, PETER PLATZER, who serves as the Director of the company, bought 196,891 shares for $10.52 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.52 while its Price-to-Book (P/B) ratio in mrq is 8.51.
Stock Price History:
Over the past 52 weeks, SPIR has reached a high of $21.43, while it has fallen to a 52-week low of $6.26. The 50-Day Moving Average of the stock is -29.05%, while the 200-Day Moving Average is calculated to be -11.80%.
Shares Statistics:
A total of 25.10M shares are outstanding, with a floating share count of 19.99M. Insiders hold about 22.90% of the company’s shares, while institutions hold 26.91% stake in the company.
