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The closing price of Spero Therapeutics Inc (NASDAQ: SPRO) was $2.90 for the day, up 1.75% from the previous closing price of $2.85. In other words, the price has increased by $1.75 from its previous closing price. On the day, 2.09 million shares were traded.
Ratios:
Our analysis of SPRO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.56 and its Current Ratio is at 2.56. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.06.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 05 ’25 when Keutzer Timothy sold 56,537 shares for $0.78 per share. The transaction valued at 44,099 led to the insider holds 741,439 shares of the business.
Rajavelu Esther sold 20,689 shares of SPRO for $16,137 on Feb 05 ’25. The CFO & CBO now owns 724,720 shares after completing the transaction at $0.78 per share. On Feb 05 ’25, another insider, Shukla Sath, who serves as the CEO & President of the company, sold 155,333 shares for $0.78 each. As a result, the insider received 121,160 and left with 1,736,883 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 5.73 while its Price-to-Book (P/B) ratio in mrq is 4.79.
Stock Price History:
Over the past 52 weeks, SPRO has reached a high of $3.06, while it has fallen to a 52-week low of $0.51. The 50-Day Moving Average of the stock is 129.56%, while the 200-Day Moving Average is calculated to be 161.47%.
Shares Statistics:
A total of 55.90M shares are outstanding, with a floating share count of 37.37M. Insiders hold about 33.16% of the company’s shares, while institutions hold 20.66% stake in the company.
