Market Insight: Sphere 3D Corp (ANY)’s Notable Gain, Closing at 1.36

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In the latest session, Sphere 3D Corp (NASDAQ: ANY) closed at $1.36 up 4.62% from its previous closing price of $1.30. In other words, the price has increased by $4.62 from its previous closing price. On the day, 0.96 million shares were traded. ANY stock price reached its highest trading level at $1.3899 during the session, while it also had its lowest trading level at $1.25.

Ratios:

For a deeper understanding of Sphere 3D Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.64. For the most recent quarter (mrq), Quick Ratio is recorded 4.09 and its Current Ratio is at 4.09. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 this company, Ladenburg Thalmann on January 19, 2016, initiated with a Buy rating and assigned the stock a target price of $3.

On June 24, 2015, ROTH Capital started tracking the stock assigning a Buy rating and target price of $8.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 29 ’24 when Kalbfleisch Kurt L. sold 11,000 shares for $0.95 per share. The transaction valued at 10,450 led to the insider holds 136,515 shares of the business.

KURT LE ROY KALBFLEISCH bought 11,000 shares of ANY for $10,450 on Aug 29 ’24. On Jun 12 ’24, another insider, Trompeter Patricia, who serves as the CEO of the company, sold 120,000 shares for $1.20 each. As a result, the insider received 143,760 and left with 429,687 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ANY now has a Market Capitalization of 28883952 and an Enterprise Value of 23758376. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 0.949 whereas that against EBITDA is -2.973.

Stock Price History:

Over the past 52 weeks, ANY has reached a high of $4.09, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of the stock is 25.98%, while the 200-Day Moving Average is calculated to be 13.63%.

Shares Statistics:

For the past three months, ANY has traded an average of 660.05K shares per day and 1838530 over the past ten days. A total of 21.24M shares are outstanding, with a floating share count of 20.09M. Insiders hold about 5.42% of the company’s shares, while institutions hold 4.45% stake in the company. Shares short for ANY as of 1730332800 were 559535 with a Short Ratio of 0.85, compared to 1727654400 on 822072. Therefore, it implies a Short% of Shares Outstanding of 559535 and a Short% of Float of 2.74.

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