The stock of Ispire Technology Inc (ISPR) has seen a -16.84% decrease in the past week, with a -16.40% drop in the past month, and a -17.06% decrease in the past quarter. The volatility ratio for the week is 7.92%, and the volatility levels for the past 30 days are at 5.15% for ISPR. The simple moving average for the past 20 days is -13.08% for ISPR’s stock, with a -23.76% simple moving average for the past 200 days.
Is It Worth Investing in Ispire Technology Inc (NASDAQ: ISPR) Right Now?
Moreover, the 36-month beta value for ISPR is 2.87. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
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The public float for ISPR is 16.80M and currently, short sellers hold a 2.46% of that float. On September 25, 2024, ISPR’s average trading volume was 88.37K shares.
ISPR) stock’s latest price update
Ispire Technology Inc (NASDAQ: ISPR)’s stock price has gone decline by -6.70 in comparison to its previous close of 6.72, however, the company has experienced a -16.84% decrease in its stock price over the last five trading days. prnewswire.com reported 2024-09-11 that LOS ANGELES, Sept. 11, 2024 /PRNewswire/ — Ispire Technology Inc. (“Ispire” or the “Company”) (NASDAQ: ISPR), an innovator in vaping technology and precision dosing, announced today that it is rescheduling its earnings conference call to 8:00am ET on Thursday, September 26, 2024.
Analysts’ Opinion of ISPR
Many brokerage firms have already submitted their reports for ISPR stocks, with ROTH MKM repeating the rating for ISPR by listing it as a “Buy.” The predicted price for ISPR in the upcoming period, according to ROTH MKM is $11 based on the research report published on May 20, 2024 of the current year 2024.
ISPR Trading at -13.29% from the 50-Day Moving Average
After a stumble in the market that brought ISPR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -68.30% of loss for the given period.
Volatility was left at 5.15%, however, over the last 30 days, the volatility rate increased by 7.92%, as shares sank -15.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.23% lower at present.
During the last 5 trading sessions, ISPR fell by -16.84%, which changed the moving average for the period of 200-days by -42.63% in comparison to the 20-day moving average, which settled at $7.16. In addition, Ispire Technology Inc saw -48.31% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for ISPR
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.18 for the gross margin
The net margin for Ispire Technology Inc stands at -0.08. The total capital return value is set at -0.26. Equity return is now at value -60.27, with -14.58 for asset returns.
Based on Ispire Technology Inc (ISPR), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at -6.67.
Currently, EBITDA for the company is -3.14 million with net debt to EBITDA at 3.9. When we switch over and look at the enterprise to sales, we see a ratio of 2.17. The receivables turnover for the company is 3.06for trailing twelve months and the total asset turnover is 1.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.41.
Conclusion
To wrap up, the performance of Ispire Technology Inc (ISPR) 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.
