With 1.38 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.24 million shares. The 52-week range on SPRY shows that it touched its highest point at $18.51 and its lowest point at $7.18 during that stretch. It currently has a 1-year price target of $32.50. Beta for the stock currently stands at 0.99.
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 SPRY was down-trending over the past week, with a drop of -5.70%, but this was down by -17.05% over a month. Three-month performance dropped to -18.43% while six-month performance fell -24.51%. The stock gained 49.47% in the past year, while it has gained 6.54% so far this year. A look at the trailing 12-month EPS for SPRY yields -0.51 with Next year EPS estimates of -0.35. For the next quarter, that number is -0.14. This implies an EPS growth rate of 0.70% for this year and 38.16% for next year.
Float and Shares Shorts:
At present, 97.15 million SPRY shares are outstanding with a float of 51.29 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 SPRY since 4 analysts follow the stock currently. There are 4 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 -$0.1559 being high and -$0.74053 being low. For SPRY, this leads to a yearly average estimate of -$0.56514.
