Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
Spire Global Inc (NYSE: SPIR) closed the day trading at $14.77 down -5.14% from the previous closing price of $15.57. In other words, the price has decreased by -$5.14 from its previous closing price. On the day, 0.55 million shares were traded. SPIR stock price reached its highest trading level at $15.46 during the session, while it also had its lowest trading level at $14.26.
Ratios:
For a better understanding of SPIR, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.22 and its Current Ratio is at 2.22. In the meantime, Its Debt-to-Equity ratio is 1.53 whereas as Long-Term Debt/Eq ratio is at 1.49.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 21 ’24 when Johnson Boyd C. sold 12,373 shares for $14.77 per share. The transaction valued at 182,712 led to the insider holds 311,608 shares of the business.
Condor Theresa sold 17,592 shares of SPIR for $259,781 on Nov 21 ’24. The Chief Operating Officer now owns 377,152 shares after completing the transaction at $14.77 per share. On Nov 21 ’24, another insider, Platzer Peter, who serves as the Chief Executive Officer of the company, sold 50,238 shares for $14.77 each. As a result, the insider received 741,865 and left with 1,891,703 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, SPIR now has a Market Capitalization of 359170976 and an Enterprise Value of 426111360. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.56 while its Price-to-Book (P/B) ratio in mrq is 4.21. Its current Enterprise Value per Revenue stands at 3.974 whereas that against EBITDA is -19.04.
Stock Price History:
Over the past 52 weeks, SPIR has reached a high of $19.40, while it has fallen to a 52-week low of $4.71. The 50-Day Moving Average of the stock is 30.33%, while the 200-Day Moving Average is calculated to be 35.44%.
Shares Statistics:
Over the past 3-months, SPIR traded about 281.75K shares per day on average, while over the past 10 days, SPIR traded about 317240 shares per day. A total of 24.32M shares are outstanding, with a floating share count of 18.50M. Insiders hold about 23.94% of the company’s shares, while institutions hold 28.02% stake in the company. Shares short for SPIR as of 1731628800 were 2295748 with a Short Ratio of 8.15, compared to 1728950400 on 3187418. Therefore, it implies a Short% of Shares Outstanding of 2295748 and a Short% of Float of 10.39.
