The price-to-earnings ratio for Spectaire Holdings Inc (NASDAQ: SPEC) is above average at 3.72x. The 36-month beta value for SPEC is also noteworthy at -0.41. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for SPEC is 11.81M, and at present, short sellers hold a 0.28% of that float. The average trading volume of SPEC on April 23, 2024 was 1.04M shares.
SPEC) stock’s latest price update
The stock price of Spectaire Holdings Inc (NASDAQ: SPEC) has plunged by -10.00 when compared to previous closing price of 0.60, but the company has seen a -41.75% decline in its stock price over the last five trading sessions.
SPEC’s Market Performance
Spectaire Holdings Inc (SPEC) has seen a -41.75% fall in stock performance for the week, with a -46.00% decline in the past month and a -74.77% plunge in the past quarter. The volatility ratio for the week is 55.77%, and the volatility levels for the past 30 days are at 24.66% for SPEC. The simple moving average for the past 20 days is -28.46% for SPEC’s stock, with a -89.26% simple moving average for the past 200 days.
SPEC Trading at -51.06% from the 50-Day Moving Average
After a stumble in the market that brought SPEC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -96.49% of loss for the given period.
Volatility was left at 24.66%, however, over the last 30 days, the volatility rate increased by 55.77%, as shares sank -46.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -67.47% lower at present.
During the last 5 trading sessions, SPEC fell by -41.75%, which changed the moving average for the period of 200-days by -94.78% in comparison to the 20-day moving average, which settled at $0.7318. In addition, Spectaire Holdings Inc saw -67.27% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SPEC starting from Semkiw Brian, who purchase 297 shares at the price of $2.23 back on Oct 25 ’23. After this action, Semkiw Brian now owns 1,715,528 shares of Spectaire Holdings Inc, valued at $661 using the latest closing price.
Mosolf Joerg, the Director of Spectaire Holdings Inc, purchase 10,000 shares at $3.00 during a trade that took place back on Oct 24 ’23, which means that Mosolf Joerg is holding 10,000 shares at $30,000 based on the most recent closing price.
Stock Fundamentals for SPEC
Equity return is now at value -7.44, with 66.13 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 0.04.
Conclusion
In summary, Spectaire Holdings Inc (SPEC) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
