Sphere 3D Corp (NASDAQ:ANY) does about 366.70K shares in volume on a normal day but saw 798390 shares change hands in the recent trading day. The company now has a market cap of 19.61M USD. Its current market price is $0.95, marking a decrease of -1.57% compared to the previous close of $0.96. The 52 week high reached by this stock is $4.09 whilst the lowest price level in 52 weeks is $0.57.
Sphere 3D Corp (ANY) has a 20-day trading average at $0.8945 and the current price is -76.88% off the 52-week high compared with 65.67% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.8805 and its 200-day simple moving average is $1.3465. If we look at the stock’s price movements over the week, volatility stands at 9.46%, which decreases to 7.46% 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 57.92 to suggest the stock is neutral.
The consensus objective for the share price is $3.00, suggesting that the stock has a potential upside of 68.33% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on January 19, 2016 when Ladenburg Thalmann initiated the stock to “Buy” and issued a price target of $3.
The current price level is 5.71%, 7.38%, and -29.78% away from its SMA20, SMA50, and SMA200 respectively, with the ANY price moving below the 50-day SMA on current market day. Sphere 3D Corp (ANY) stock is up 9.94% over the week and 7.20% over the past month. Its price is -71.52% year-to-date and -18.14% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/30/2024, with the company’s earnings per share (EPS) of -0.18 above consensus estimates by 0.1. The company’s next earnings report forecasts estimating quarterly EPS at -0.19 and -0.52 for whole year. Expected sales for next quarter are $4.9M, which analysts say will come at $21.5M for the current fiscal year and next year at $19.5M. In addition, estimates put the company’s current quarterly revenue at an average of $5M.
To reach the target analysts have set, the stock logically needs to grow 68.33 percent from here.
The company has a return on investment of -43.47% and return on equity of -38.61%. The beta has a value of 2.83. Price to book ratio is 0.58 and price to sales ratio is 0.78.
