Ispire Technology Inc (ISPR) Shares Rise Despite Market Challenges

Ispire Technology Inc (NASDAQ: ISPR)’s stock price has gone rise by 14.76 in comparison to its previous close of 6.03, however, the company has experienced a 11.97% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-11-14 that Ispire Technology Inc. (NASDAQ:ISPR ) Q1 2025 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Michael Wang – Co-Chief Executive Officer James McCormick – Chief Financial Officer Conference Call Participants Bo Pei – U.S. Tiger Securities Operator Hello, everyone, and welcome to today’s conference call to discuss Ispire’s Financial Results for the Fiscal First Quarter 2025 Ended September 30, 2024. At this time, I would like to inform you that this conference is being recorded and that all participants are in a listen-only mode.

Is It Worth Investing in Ispire Technology Inc (NASDAQ: ISPR) Right Now?

The stock has a 36-month beta value of 2.85. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for ISPR is 18.17M, and at present, short sellers hold a 3.80% of that float. On November 15, 2024, the average trading volume of ISPR was 105.68K shares.

ISPR’s Market Performance

ISPR’s stock has seen a 11.97% increase for the week, with a 5.17% rise in the past month and a -7.49% fall in the past quarter. The volatility ratio for the week is 8.88%, and the volatility levels for the past 30 days are at 6.36% for Ispire Technology Inc The simple moving average for the past 20 days is 12.16% for ISPR’s stock, with a -5.23% simple moving average for the past 200 days.

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 6.13% 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 -65.02% of loss for the given period.

Volatility was left at 6.36%, however, over the last 30 days, the volatility rate increased by 8.88%, as shares surge +0.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.14% upper at present.

During the last 5 trading sessions, ISPR rose by +11.97%, which changed the moving average for the period of 200-days by -37.09% in comparison to the 20-day moving average, which settled at $6.17. In addition, Ispire Technology Inc saw -42.95% 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:

  • -0.13 for the present operating margin
  • 0.2 for the gross margin

The net margin for Ispire Technology Inc stands at -0.14. The total capital return value is set at -0.16. Equity return is now at value -61.52, with -17.47 for asset returns.

Based on Ispire Technology Inc (ISPR), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at 1.16.

Currently, EBITDA for the company is -11.76 million with net debt to EBITDA at 6.56. When we switch over and look at the enterprise to sales, we see a ratio of -0.87. The receivables turnover for the company is 0.63for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.13.

Conclusion

To sum up, Ispire Technology Inc (ISPR) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing 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.

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