Safe Pro Group Inc (NASDAQ: SPAI): Retirees Don’t Worry About Volatility

Safe Pro Group Inc (NASDAQ:SPAI) currently has a daily average trading volume of 1.69M but it saw 236946 shares traded in last market. With a market cap of 54.49M USD, the company’s current market price of $3.96 came falling about -1.98 while comparing to the previous closing price of $4.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.50 and as low as $1.56. In the recent trading on the day, stock has struck highest price mark of $3.82 while lowest mark touched by it was $4.48.

Taking a look at 20-day trading activity of Safe Pro Group Inc (SPAI) gives us an average price of $2.71, while its current price level is -39.08% below from 52-week high level whereas it is 154.50% 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 $2.57. A closer look into the stock’s movement over the week reveals that its volatility is standing at 28.85% during that period while stretching the period over a month that decreases to 17.46%. 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 65.79 which implies that the stock is in neutral territory.

Over the week, SPAI’s stock price is moving 23.75% up while it is 67.09% when we observe its performance for the past one month. Year-to-date it is -7.26% down and over the past year.

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, Safe Pro Group Inc’s total number of outstanding shares is 13.86M. Stock has a price to book (P/B) ratio of 12.96.