For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Spire Global Inc (NYSE: SPIR) closed at $18.10 in the last session, down -3.83% from day before closing price of $18.82. In other words, the price has decreased by -$3.83 from its previous closing price. On the day, 0.52 million shares were traded. SPIR stock price reached its highest trading level at $19.1399 during the session, while it also had its lowest trading level at $17.35.
Ratios:
We take a closer look at SPIR’s different ratios to gain a better understanding of the stock. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 440148576 and an Enterprise Value of 524597472. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.36 while its Price-to-Book (P/B) ratio in mrq is 5.16. Its current Enterprise Value per Revenue stands at 4.893 whereas that against EBITDA is -23.44.
Stock Price History:
Over the past 52 weeks, SPIR has reached a high of $20.89, while it has fallen to a 52-week low of $6.26. The 50-Day Moving Average of the stock is 22.02%, while the 200-Day Moving Average is calculated to be 59.29%.
Shares Statistics:
According to the various share statistics, SPIR traded on average about 379.82K shares per day over the past 3-months and 686630 shares per day over the past 10 days. A total of 24.32M shares are outstanding, with a floating share count of 18.34M. Insiders hold about 24.56% of the company’s shares, while institutions hold 27.88% stake in the company. Shares short for SPIR as of 1735603200 were 1910494 with a Short Ratio of 5.03, compared to 1732838400 on 2057536. Therefore, it implies a Short% of Shares Outstanding of 1910494 and a Short% of Float of 8.649999999999999.
