Sphere 3D Corp (ANY) can make a big difference with a little luck

With 1.34 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.42 million shares. During the session, the Capital Markets company that operates in wider Financial sector, reached to the highest price of $1.3381 whereas the lowest price it dropped to was $1.17. The 52-week range on ANY shows that it touched its highest point at $4.09 and its lowest point at $0.57 during that stretch. It currently has a 1-year price target of $3.00. Beta for the stock currently stands at 2.86.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ANY was up-trending over the past week, with a rise of 23.08%, but this was up by 47.67% over a month. Three-month performance surged to 47.30% while six-month performance rose 40.44%. The stock gained 24.27% in the past year, while it has lost -61.45% so far this year. A look at the trailing 12-month EPS for ANY yields -1.24 with Next year EPS estimates of -0.78. For the next quarter, that number is -0.19. This implies an EPS growth rate of 73.06% for this year and -50.00% for next year. EPS is expected to grow by 20.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 53.88%.

Float and Shares Shorts:

At present, 20.74 million ANY shares are outstanding with a float of 19.62 million shares on hand for trading. On 2024-10-15, short shares totaled 0.26 million, which was 125.0 higher than short shares on 1726185600. In addition to Ms. Patricia Trompeter as the firm’s CEO & Director, Mr. Kurt L. Kalbfleisch serves as its CFO, Senior VP & Secretary.

Institutional Ownership:

Through their ownership of 0.04413 of ANY’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, ANY reported revenue of $4666000.0 and operating income of -$4095000.0. The EBITDA in the recently reported quarter was -$1721000.0 and diluted EPS was $0.1.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential. With ANY analysts setting a high price target of 3.0 and a low target of 3.0, the average target price over the next 12 months is 3.0. Based on these targets, ANY could surge 134.38% to reach the target high and rise by 134.38% to reach the target low. Reaching the average price target will result in a growth of 134.38% from current levels.

Analysts have provided yearly estimates in a range of -$0.52 being high and -$0.52 being low. For ANY, this leads to a yearly average estimate of -$0.52.