The stock of Sobr Safe Inc (SOBR) has seen a 15.38% increase in the past week, with a -22.29% drop in the past month, and a -52.45% decrease in the past quarter. The volatility ratio for the week is 15.03%, and the volatility levels for the past 30 days are at 37.56% for SOBR. The simple moving average for the last 20 days is 3.02% for SOBR stock, with a simple moving average of -75.14% for the last 200 days.
Is It Worth Investing in Sobr Safe Inc (NASDAQ: SOBR) Right Now?
Additionally, the 36-month beta value for SOBR is 0.81. 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.”
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The public float for SOBR is 1.95M and currently, short sellers hold a 0.17% ratio of that float. The average trading volume of SOBR on October 18, 2024 was 308.24K shares.
SOBR) stock’s latest price update
Sobr Safe Inc (NASDAQ: SOBR)’s stock price has plunge by 0.38relation to previous closing price of 7.92. Nevertheless, the company has seen a 15.38% surge in its stock price over the last five trading sessions. accesswire.com reported 2024-10-09 that NEW YORK, NY / ACCESSWIRE / October 9, 2024 / Aegis Capital Corp. acted as Exclusive Placement Agent on an $8.2 Million Private Placement for SOBR Safe, Inc. (NASDAQ:SOBR). About SOBR Safe, Inc. SOBR Safe, Inc., a hardware and software company, develops non-invasive alcohol detection, biometric identity verification, and real-time cloud-based alerts and reporting systems in North America.
SOBR Trading at -23.53% 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 -92.77% of loss for the given period.
Volatility was left at 37.56%, however, over the last 30 days, the volatility rate increased by 15.03%, as shares sank -24.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -41.43% lower at present.
During the last 5 trading sessions, SOBR rose by +15.38%, which changed the moving average for the period of 200-days by -85.94% in comparison to the 20-day moving average, which settled at $7.72. In addition, Sobr Safe Inc saw -83.97% 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 -9.86.
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 96.17. 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
In conclusion, Sobr Safe Inc (SOBR) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
