With 0.98 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.74 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 0.83.
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 -3.47%, but this was up by 2.12% over a month. Three-month performance surged to 42.04% while six-month performance rose 0.63%. The stock gained 63.95% in the past year, while it has gained 37.06% 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 -1939.16% for this year and 51.80% 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.
