Reflections On The Past For Investors Today: SiriusPoint Ltd (NYSE: SPNT)

SiriusPoint Ltd (NYSE:SPNT) does about 575.91K shares in volume on a normal day but saw 299121 shares change hands in the recent trading day. The company now has a market cap of 2.56B USD. Its current market price is $14.99, marking a decrease of -0.13% compared to the previous close of $15.01. The 52 week high reached by this stock is $15.16 whilst the lowest price level in 52 weeks is $9.43.

SiriusPoint Ltd (SPNT) has a 20-day trading average at $14.60 and the current price is -1.12% off the 52-week high compared with 59.05% distance from its 52-week low. The 50-day simple moving average of the closing price is $13.68 and its 200-day simple moving average is $12.36. If we look at the stock’s price movements over the week, volatility stands at 1.63%, which increases to 2.19% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 65.75 to suggest the stock is neutral.

The consensus objective for the share price is $13.00, suggesting that the stock has a potential downside of -15.31% over the period.

The current price level is 2.82%, 9.95%, and 21.45% away from its SMA20, SMA50, and SMA200 respectively, with the SPNT price moving above the 50-day SMA on current market day. SiriusPoint Ltd (SPNT) stock is up 0.33% over the week and 4.90% over the past month. Its price is 29.22% year-to-date and 34.20% over the past year.

To reach the target analysts have set, the stock logically needs to shrink -15.31 percent from here.

The company has a return on investment of 10.24% and return on equity of 14.58%. The price to earnings ratio (P/E ratio) amounts to 7.73 while the forward price to earnings ratio is 8.33. The beta has a value of 0.94. Price to book ratio is 1.02 and price to sales ratio is 0.92.