Safe Pro Group Inc (SPAI) Clearly Signals Buy-Into the Stock: Don’t ignore the signals

With 1.33 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.8 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $4.6 whereas the lowest price it dropped to was $4.05. The 52-week range on SPAI shows that it touched its highest point at $6.50 and its lowest point at $1.56 during that stretch.

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 SPAI was up-trending over the past week, with a rise of 18.35%, but this was up by 12.37% over a month.

Float and Shares Shorts:

At present, 13.86 million SPAI shares are outstanding with a float of 5.95 million shares on hand for trading. On 2024-10-31, short shares totaled 2694.0, which was 22.0 higher than short shares on 1727654400. In addition to Mr. Daniyel Erdberg as the firm’s Founder, CEO & Chairman, Mr. Christopher Todd serves as its President & Founder of Airborne Response Corp..

Institutional Ownership:

Through their ownership of 0.00818 of SPAI’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, SPAI reported revenue of $330756.0 and operating income of -$3542074.0. The EBITDA in the recently reported quarter was -$3432415.0 and diluted EPS was -$0.34.

Analysts Ratings:

In the same way, a target price assigned to a stock can also reveal much about its potential.

Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.