Safe Pro Group Inc (NASDAQ: SPAI)’s stock price has dropped by -11.98 in relation to previous closing price of 4.59. Nevertheless, the company has seen a gain of 75.65% in its stock price over the last five trading days. businesswire.com reported 2024-11-25 that AVENTURA, Fla.–(BUSINESS WIRE)–Safe Pro Group Inc. (Nasdaq: SPAI) (“Safe Pro” or the “Company”), a leading provider of artificial intelligence (AI) solutions specializing in drone imagery processing, today announced that its Mission Critical Unmanned Solutions® subsidiary, Airborne Response (Airborne), has received a purchase order for a multi-site drone inspection project to be executed in 2025 from a multinational telecommunications firm (the “telecommunications customer”). Under the terms.
Is It Worth Investing in Safe Pro Group Inc (NASDAQ: SPAI) Right Now?
The public float for SPAI is 5.67M, and at present, short sellers hold a 0.54% of that float. The average trading volume of SPAI on November 27, 2024 was 1.71M shares.
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SPAI’s Market Performance
The stock of Safe Pro Group Inc (SPAI) has seen a 75.65% increase in the past week, with a 82.81% rise in the past month, and a -5.39% fall in the past quarter. The volatility ratio for the week is 32.03%, and the volatility levels for the past 30 days are at 17.26% for SPAI. The simple moving average for the past 20 days is 54.25% for SPAI’s stock, with a 45.23% simple moving average for the past 200 days.
SPAI Trading at 57.58% from the 50-Day Moving Average
After a stumble in the market that brought SPAI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.85% of loss for the given period.
Volatility was left at 17.26%, however, over the last 30 days, the volatility rate increased by 32.03%, as shares surge +70.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.25% upper at present.
During the last 5 trading sessions, SPAI rose by +75.65%, in comparison to the 20-day moving average, which settled at $2.62. In addition, Safe Pro Group Inc saw -5.39% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for SPAI
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.19.
Conclusion
In summary, Safe Pro Group Inc (SPAI) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
