The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
Spero Therapeutics Inc (NASDAQ: SPRO) closed the day trading at $0.90 down -7.90% from the previous closing price of $0.97. In other words, the price has decreased by -$7.90 from its previous closing price. On the day, 0.59 million shares were traded. SPRO stock price reached its highest trading level at $0.974 during the session, while it also had its lowest trading level at $0.8702.
Ratios:
For a better understanding of SPRO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.68 and its Current Ratio is at 2.68. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.04.
On September 23, 2022, Evercore ISI Upgraded its rating to Outperform which previously was In-line and also upped its target price recommendation from $2 to $8.
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 07 ’24 when Rajavelu Esther sold 23,351 shares for $1.31 per share. The transaction valued at 30,590 led to the insider holds 396,515 shares of the business.
Rajavelu Esther sold 17,245 shares of SPRO for $22,418 on Nov 08 ’24. The CFO & CBO now owns 379,270 shares after completing the transaction at $1.30 per share. On Aug 27 ’24, another insider, Mahadevia Ankit, who serves as the Director of the company, sold 5,912 shares for $1.35 each. As a result, the insider received 7,981 and left with 759,085 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, SPRO now has a Market Capitalization of 48913728 and an Enterprise Value of 5188984. As of this moment, Spero’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 0.74. Its current Enterprise Value per Revenue stands at 0.044 whereas that against EBITDA is 0.247.
Stock Price History:
Over the past 52 weeks, SPRO has reached a high of $1.89, while it has fallen to a 52-week low of $0.92. The 50-Day Moving Average of the stock is -19.85%, while the 200-Day Moving Average is calculated to be -32.54%.
Shares Statistics:
Over the past 3-months, SPRO traded about 287.31K shares per day on average, while over the past 10 days, SPRO traded about 193670 shares per day. A total of 54.31M shares are outstanding, with a floating share count of 39.50M. Insiders hold about 27.54% of the company’s shares, while institutions hold 19.35% stake in the company. Shares short for SPRO as of 1730332800 were 625191 with a Short Ratio of 1.44, compared to 1727654400 on 384302. Therefore, it implies a Short% of Shares Outstanding of 625191 and a Short% of Float of 1.4099999.
