With 0.79 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.51 million shares. The 52-week range on SVRA shows that it touched its highest point at $5.11 and its lowest point at $1.89 during that stretch. It currently has a 1-year price target of $7.06. Beta for the stock currently stands at 0.32.
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 up-trending over the past week, with a rise of 7.02%, but this was down by -20.26% over a month. Three-month performance dropped to -6.15% while six-month performance fell -30.48%. The stock lost -39.30% in the past year, while it has lost -20.52% so far this year. A look at the trailing 12-month EPS for SVRA yields -0.49 with Next year EPS estimates of -0.49. For the next quarter, that number is -0.12. This implies an EPS growth rate of -3.39% for this year and 1.84% for next year. EPS is expected to grow by 27.89% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 24.35%.
Float and Shares Shorts:
At present, 172.70 million SVRA shares are outstanding with a float of 78.21 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 -$0.12 and the low estimate is -$0.13. The average estimate for the next quarter is thus -$0.12.
