For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $0.80 in the prior trading day, Spero Therapeutics Inc (NASDAQ: SPRO) closed at $0.75, down -6.19%. In other words, the price has decreased by -$6.19 from its previous closing price. On the day, 0.68 million shares were traded.
Ratios:
Our goal is to gain a better understanding of SPRO by taking a closer 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:
As of this moment, Spero’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 0.62.
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 $0.79. The 50-Day Moving Average of the stock is -25.71%, while the 200-Day Moving Average is calculated to be -41.04%.
Shares Statistics:
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 19.37% stake in the company.
