A Few Bright Spots In SciSparc Ltd (NASDAQ: SPRC)

SciSparc Ltd (NASDAQ:SPRC) currently has a daily average trading volume of 1.06M but it saw 1579989 shares traded in last market. With a market cap of 1.21M USD, the company’s current market price of $0.50 came falling about -11.19 while comparing to the previous closing price of $0.56. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.86 and as low as $0.51.

Taking a look at 20-day trading activity of SciSparc Ltd (SPRC) gives us an average price of $0.7104, while its current price level is -96.88% below from 52-week high level whereas it is -2.94% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.8922 while that of 200 days or SMA-200 reads an average of $3.1873. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.81% during that period while stretching the period over a month that decreases to 15.24%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 27.94 which implies that the stock is in oversold territory.

Over the week, SPRC’s stock price is moving -32.15% down while it is -44.89% when we observe its performance for the past one month. Year-to-date it is -89.86% down and over the past year, the stock is showing a downside performance of -96.27%.

Currently, SciSparc Ltd’s total number of outstanding shares is 2.45M. Company’s return on investment (ROI) stands at -67.06% and return on equity (ROE) at -72.84%. Stock’s beta reads 1.15. Stock has a price to book (P/B) ratio of 0.05 while price to sale or P/S ratio amounts to 0.42. Its return on asset (ROA) is -47.02% on average.