With 0.69 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.04 million shares. The 52-week range on SVRA shows that it touched its highest point at $5.70 and its lowest point at $2.59 during that stretch. It currently has a 1-year price target of $9.56. Beta for the stock currently stands at 0.58.
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 SVRA was down-trending over the past week, with a drop of -4.95%, but this was down by -2.89% over a month. Three-month performance dropped to -9.12% while six-month performance fell -40.22%. The stock lost -44.19% in the past year, while it has lost -12.38% so far this year. A look at the trailing 12-month EPS for SVRA yields -0.44 with Next year EPS estimates of -0.49. For the next quarter, that number is -0.11. This implies an EPS growth rate of -39.77% for this year and -5.42% for next year. EPS is expected to grow by 8.84% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 29.09%.
Float and Shares Shorts:
At present, 170.84 million SVRA shares are outstanding with a float of 87.45 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SVRA since 6 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.451 being high and -$0.4715 being low. For SVRA, this leads to a yearly average estimate of -$0.46125. Based on analyst estimates, the high estimate for the next quarter is -$0.1 and the low estimate is -$0.12. The average estimate for the next quarter is thus -$0.11.
