Spectaire Holdings Inc (NASDAQ: SPEC) Now -97.40% Off Its High ($15.40), Does Analysts See Headwinds And Risks?

Spectaire Holdings Inc (NASDAQ:SPEC) currently has a daily average trading volume of 2.44M but it saw 5931890 shares traded in last market. With a market cap of 7.42M USD, the company’s current market price of $0.40 came rising about 3.73 while comparing to the previous closing price of $0.39. In past 52 weeks, the stock remained buoying in the range of price level as high as $15.40 and as low as $0.28.

Taking a look at 20-day trading activity of Spectaire Holdings Inc (SPEC) gives us an average price of $0.5215, while its current price level is -97.40% below from 52-week high level whereas it is 42.86% 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 $0.4623 while that of 200 days or SMA-200 reads an average of $1.6361. A closer look into the stock’s movement over the week reveals that its volatility is standing at 16.43% during that period while stretching the period over a month that decreases to 14.19%. 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 39.16 which implies that the stock is in neutral territory.

Over the week, SPEC’s stock price is moving -28.57% down while it is -33.33% when we observe its performance for the past one month. Year-to-date it is -75.76% down and over the past year, the stock is showing a downside performance of -96.17%.

Currently, Spectaire Holdings Inc’s total number of outstanding shares is 15.34M. Company’s return on equity (ROE) at -7.44%. It has a price to earnings ratio (P/E ratio) of 1.72. Stock’s beta reads -0.41. Its return on asset (ROA) is 62.24% on average.