Market Insights: Sobr Safe Inc (SOBR)’s Notable Drop of -3.73, Closing at 0.31

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As of close of business last night, Sobr Safe Inc’s stock clocked out at $0.31, down -3.73% from its previous closing price of $0.32. In other words, the price has decreased by -$3.73 from its previous closing price. On the day, 2.31 million shares were traded. SOBR stock price reached its highest trading level at $0.3298 during the session, while it also had its lowest trading level at $0.2885.

Ratios:

To gain a deeper understanding of SOBR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.55. In the meantime, Its Debt-to-Equity ratio is 2.21 whereas as Long-Term Debt/Eq ratio is at 0.18.

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 Jan 31 ’24 when First Capital Holdings LLC bought 19,022 shares for $0.49 per share. The transaction valued at 9,321 led to the insider holds 2,389,792 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SOBR now has a Market Capitalization of 6198481 and an Enterprise Value of 6982511. For the stock, the TTM Price-to-Sale (P/S) ratio is 38.77 while its Price-to-Book (P/B) ratio in mrq is 6.24. Its current Enterprise Value per Revenue stands at 44.358 whereas that against EBITDA is -0.824.

Stock Price History:

Over the past 52 weeks, SOBR has reached a high of $1.93, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is 5.53%, while the 200-Day Moving Average is calculated to be -51.02%.

Shares Statistics:

It appears that SOBR traded 8.65M shares on average per day over the past three months and 54869840 shares per day over the past ten days. A total of 18.57M shares are outstanding, with a floating share count of 13.13M. Insiders hold about 34.37% of the company’s shares, while institutions hold 9.37% stake in the company. Shares short for SOBR as of 1715731200 were 70941 with a Short Ratio of 0.01, compared to 1713139200 on 53199. Therefore, it implies a Short% of Shares Outstanding of 70941 and a Short% of Float of 0.58.

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