Market Watch: Sobr Safe Inc (SOBR)’s Noteworthy Drop, Closing at 0.09

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As of close of business last night, Sobr Safe Inc’s stock clocked out at $0.09, down -6.93% from its previous closing price of $0.10. In other words, the price has decreased by -$6.93 from its previous closing price. On the day, 14.46 million shares were traded. SOBR stock price reached its highest trading level at $0.1295 during the session, while it also had its lowest trading level at $0.0801.

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 1.80 and its Current Ratio is at 2.01. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.04.

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 3082529 and an Enterprise Value of 1138730. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.14 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 6.544 whereas that against EBITDA is -0.149.

Stock Price History:

Over the past 52 weeks, SOBR has reached a high of $1.25, while it has fallen to a 52-week low of $0.09. The 50-Day Moving Average of the stock is -29.48%, while the 200-Day Moving Average is calculated to be -73.65%.

Shares Statistics:

It appears that SOBR traded 2.45M shares on average per day over the past three months and 2025300 shares per day over the past ten days. A total of 34.76M shares are outstanding, with a floating share count of 28.94M. Insiders hold about 16.74% of the company’s shares, while institutions hold 2.95% stake in the company. Shares short for SOBR as of 1724976000 were 265111 with a Short Ratio of 0.11, compared to 1722384000 on 296300. Therefore, it implies a Short% of Shares Outstanding of 265111 and a Short% of Float of 0.7900001.

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