It’s Not A Fantasy To Think That SciSparc Ltd (SPRC) Has Big Future Potential

SciSparc Ltd (NASDAQ:SPRC) currently has a daily average trading volume of 4.64M but it saw 4594798 shares traded in last market. With a market cap of 2.88M USD, the company’s current market price of $0.36 came falling about -22.70 while comparing to the previous closing price of $0.47. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.78 and as low as $0.20. In the recent trading on the day, stock has struck highest price mark of $0.3555 while lowest mark touched by it was $0.5279.

Taking a look at 20-day trading activity of SciSparc Ltd (SPRC) gives us an average price of $0.2757, while its current price level is -94.69% below from 52-week high level whereas it is 82.74% 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 $0.2525 while that of 200 days or SMA-200 reads an average of $0.6959. A closer look into the stock’s movement over the week reveals that its volatility is standing at 43.38% during that period while stretching the period over a month that decreases to 20.51%. 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 57.24 which implies that the stock is in neutral territory.

Over the week, SPRC’s stock price is moving 54.64% up while it is 68.03% when we observe its performance for the past one month. Year-to-date it is -92.62% down and over the past year, the stock is showing a downside performance of -92.62%.

Currently, SciSparc Ltd’s total number of outstanding shares is 10.36M. Company’s return on investment (ROI) stands at -81.83% and return on equity (ROE) at -103.20%. Stock’s beta reads 0.61. Stock has a price to book (P/B) ratio of 0.19 while price to sale or P/S ratio amounts to 1.65. Its return on asset (ROA) is -55.80% on average.