Moreover, the 36-month beta value for SOBR is 0.88. Analysts have varying opinions 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 28.05M and currently, short sellers hold a 1.06% of that float. On August 26, 2024, SOBR’s average trading volume was 11.13M shares.
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SOBR) stock’s latest price update
The stock price of Sobr Safe Inc (NASDAQ: SOBR) has dropped by -7.93 compared to previous close of 0.12. Despite this, the company has seen a fall of -4.91% in its stock price over the last five trading days. accesswire.com reported 2024-08-12 that DENVER, CO / ACCESSWIRE / August 12, 2024 / SOBR Safe, Inc. (NASDAQ:SOBR) (“SOBRsafe”), provider of next-generation transdermal alcohol detection solutions, today provided a comprehensive update on the status of its Nasdaq listing, financial positioning and sales progress: Nasdaq Listing The Nasdaq Hearings Panel has granted SOBRsafe an exception period continuing the listing of its common stock on The Nasdaq Stock Market. SOBRsafe has until October 23, 2024 to execute its plan to regain compliance with Nasdaq’s $1.00 minimum bid price per share requirement, and to demonstrate long-term compliance with the required minimum of $2.5 million in stockholders’ equity.
SOBR’s Market Performance
Sobr Safe Inc (SOBR) has experienced a -4.91% fall in stock performance for the past week, with a -31.36% drop in the past month, and a -50.09% drop in the past quarter. The volatility ratio for the week is 12.84%, and the volatility levels for the past 30 days are at 12.06% for SOBR. The simple moving average for the past 20 days is -12.67% for SOBR’s stock, with a -71.36% simple moving average for the past 200 days.
SOBR Trading at -26.98% 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 -92.88% of loss for the given period.
Volatility was left at 12.06%, however, over the last 30 days, the volatility rate increased by 12.84%, as shares sank -29.34% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -55.77% lower at present.
During the last 5 trading sessions, SOBR fell by -4.91%, which changed the moving average for the period of 200-days by -85.49% in comparison to the 20-day moving average, which settled at $0.1240. In addition, Sobr Safe Inc saw -75.53% 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:
- -46.21 for the present operating margin
- -1.32 for the gross margin
The net margin for Sobr Safe Inc stands at -53.58. The total capital return value is set at -2.09. Equity return is now at value -194.21, with -128.44 for asset returns.
Based on Sobr Safe Inc (SOBR), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -19.84. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -20.66.
Currently, EBITDA for the company is -9.22 million with net debt to EBITDA at 0.25. When we switch over and look at the enterprise to sales, we see a ratio of 11.26. The receivables turnover for the company is 5.0for 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 2.01.
Conclusion
To wrap up, the performance of Sobr Safe Inc (SOBR) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
