With 2.21 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.7 million shares. The 52-week range on SPRY shows that it touched its highest point at $18.51 and its lowest point at $7.55 during that stretch. It currently has a 1-year price target of $31.60. Beta for the stock currently stands at 0.75.
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 up-trending over the past week, with a rise of 1.19%, but this was down by -8.60% over a month. Three-month performance surged to 13.14% while six-month performance fell -18.12%. The stock gained 51.45% in the past year, while it has gained 28.91% so far this year. A look at the trailing 12-month EPS for SPRY yields -0.16 with Next year EPS estimates of -0.71. For the next quarter, that number is -0.47. This implies an EPS growth rate of -1939.58% for this year and 51.76% for next year.
Float and Shares Shorts:
At present, 98.13 million SPRY shares are outstanding with a float of 54.77 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 -$0.18152 being high and -$0.86221 being low. For SPRY, this leads to a yearly average estimate of -$0.658. Based on analyst estimates, the high estimate for the next quarter is -$0.32 and the low estimate is -$0.48. The average estimate for the next quarter is thus -$0.44.
