SciSparc Ltd (NASDAQ: SPRC) Now -97.97% Off Its High ($14.22), Does Analysts See Headwinds And Risks?

SciSparc Ltd (NASDAQ:SPRC) currently has a daily average trading volume of 1.21M but it saw 2244907 shares traded in last market. With a market cap of 2.99M USD, the company’s current market price of $0.29 came rising about 21.38 while comparing to the previous closing price of $0.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.22 and as low as $0.21. In the recent trading on the day, stock has struck highest price mark of $0.234 while lowest mark touched by it was $0.29.

Taking a look at 20-day trading activity of SciSparc Ltd (SPRC) gives us an average price of $0.2369, while its current price level is -97.97% below from 52-week high level whereas it is 40.63% 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 $0.2419 while that of 200 days or SMA-200 reads an average of $1.1207. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.87% during that period while stretching the period over a month that decreases to 8.41%. 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 66.33 which implies that the stock is in neutral territory.

Over the week, SPRC’s stock price is moving 25.16% up while it is 19.87% when we observe its performance for the past one month. Year-to-date it is -94.08% down and over the past year, the stock is showing a downside performance of -95.46%.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, SciSparc Ltd’s total number of outstanding shares is 10.36M with 0.00% of that held by the insiders while 1.73% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -81.83% and return on equity (ROE) at -103.20%. Stock’s beta reads 1.05. Stock has a price to book (P/B) ratio of 0.15 while price to sale or P/S ratio amounts to 1.71. Its return on asset (ROA) is -55.80% on average.