SOBR has 36-month beta value of 0.94. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SOBR is 12.64M, and currently, short sellers hold a 0.42% ratio of that float. The average trading volume of SOBR on May 06, 2024 was 106.85K shares.
SOBR) stock’s latest price update
Sobr Safe Inc (NASDAQ: SOBR)’s stock price has dropped by -11.69 in relation to previous closing price of 0.29. Nevertheless, the company has seen a loss of -9.44% in its stock price over the last five trading days. Accesswire reported 2023-05-17 that DENVER, CO / ACCESSWIRE / May 17, 2023 / SOBR Safe, Inc. (Nasdaq:SOBR) (SOBRsafe™ or the Company), providers of next-generation transdermal alcohol detection solutions, today announced that the Company will be participating in the Lytham Partners Spring 2023 Investor Conference taking place virtually on May 18, 2023. The Company’s webcast presentation will be available for viewing at 9:00am ET on Thursday, May 18, 2023, on SOBRsafe’s website here or on the conference website here.
SOBR’s Market Performance
SOBR’s stock has fallen by -9.44% in the past week, with a monthly drop of -17.87% and a quarterly drop of -64.93%. The volatility ratio for the week is 12.12% while the volatility levels for the last 30 days are 16.17% for Sobr Safe Inc The simple moving average for the past 20 days is -14.04% for SOBR’s stock, with a -67.43% simple moving average for the past 200 days.
SOBR Trading at -39.13% from the 50-Day Moving Average
After a stumble in the market that brought SOBR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.01% of loss for the given period.
Volatility was left at 16.17%, however, over the last 30 days, the volatility rate increased by 12.12%, as shares sank -22.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -60.37% lower at present.
During the last 5 trading sessions, SOBR fell by -9.44%, which changed the moving average for the period of 200-days by -84.39% in comparison to the 20-day moving average, which settled at $0.2942. In addition, Sobr Safe Inc saw -43.21% 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 SOBR starting from First Capital Holdings LLC, who purchase 19,022 shares at the price of $0.49 back on Jan 31 ’24. After this action, First Capital Holdings LLC now owns 2,389,792 shares of Sobr Safe Inc, valued at $9,321 using the latest closing price.
Stock Fundamentals for SOBR
Current profitability levels for the company are sitting at:
- -61.04 for the present operating margin
- -0.22 for the gross margin
The net margin for Sobr Safe Inc stands at -64.94. The total capital return value is set at -2.08. Equity return is now at value -182.73, with -113.13 for asset returns.
Based on Sobr Safe Inc (SOBR), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at -2.39. The debt to equity ratio resting at 1.22. The interest coverage ratio of the stock is -11.94.
Currently, EBITDA for the company is -9.22 million with net debt to EBITDA at 0.01. When we switch over and look at the enterprise to sales, we see a ratio of 31.86. The receivables turnover for the company is 6.22for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.21.
Conclusion
To put it simply, Sobr Safe Inc (SOBR) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.
