Analyzing Stock On Your Own: Safe Pro Group Inc (NASDAQ: SPAI)

Safe Pro Group Inc (NASDAQ:SPAI) does about 1.69M shares in volume on a normal day but saw 4640796 shares change hands in the recent trading day. The company now has a market cap of 72.69M USD. Its current market price is $4.82, marking an increase of 11.06% compared to the previous close of $4.34. The 52 week high reached by this stock is $6.50 whilst the lowest price level in 52 weeks is $1.56.

Safe Pro Group Inc (SPAI) has a 20-day trading average at $2.94 and the current price is -25.85% off the 52-week high compared with 209.77% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.64. If we look at the stock’s price movements over the week, volatility stands at 18.81%, which decreases to 17.71% 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 73.14 to suggest the stock is overbought.

The current price level is 64.02%, 82.67%, and 68.94% away from its SMA20, SMA50, and SMA200 respectively, with the SPAI price moving below the 50-day SMA on current market day. Safe Pro Group Inc (SPAI) stock is up 5.47% over the week and 114.22% over the past month. Its price is 12.88% year-to-date.

The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.

Outstanding shares total 13.86M with insiders holding 72.76% of the shares and institutional holders owning 0.82% of the company’s common stock. Price to book ratio is 15.78.