The stock of Stem Inc (NYSE: STEM) has decreased by -7.13 when compared to last closing price of 0.43.Despite this, the company has seen a gain of 9.79% in its stock price over the last five trading days. globenewswire.com reported 2024-11-05 that DALLAS, Nov. 05, 2024 (GLOBE NEWSWIRE) — Adam Ferrari, CEO of Phoenix Capital Group, announced a $2,000 sponsorship in collaboration with The West Point Society of North Texas to advance STEM education and mental health resources within the region. This sponsorship reflects Ferrari’s dedication to supporting impactful community programs that align with Phoenix Capital Group’s mission of giving back through education and well-being initiatives.
Is It Worth Investing in Stem Inc (NYSE: STEM) Right Now?
Additionally, the 36-month beta value for STEM is 1.68. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 12 rating it as “hold,” and 0 rating it as “sell.”
The public float for STEM is 151.51M and currently, short sellers hold a 22.53% ratio of that float. The average trading volume of STEM on November 29, 2024 was 6.50M shares.
STEM’s Market Performance
STEM stock saw a decrease of 9.79% in the past week, with a monthly decline of -18.01% and a quarterly a decrease of -32.29%. The volatility ratio for the week is 15.17%, and the volatility levels for the last 30 days are 14.86% for Stem Inc (STEM). The simple moving average for the past 20 days is 3.20% for STEM’s stock, with a -65.88% simple moving average for the past 200 days.
Analysts’ Opinion of STEM
Many brokerage firms have already submitted their reports for STEM stocks, with Susquehanna repeating the rating for STEM by listing it as a “Neutral.” The predicted price for STEM in the upcoming period, according to Susquehanna is $0.50 based on the research report published on August 09, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see STEM reach a price target of $1, previously predicting the price at $4. The rating they have provided for STEM stocks is “Hold” according to the report published on August 07th, 2024.
Goldman gave a rating of “Neutral” to STEM, setting the target price at $2.50 in the report published on March 22nd of the current year.
STEM Trading at -7.98% from the 50-Day Moving Average
After a stumble in the market that brought STEM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -90.82% of loss for the given period.
Volatility was left at 14.86%, however, over the last 30 days, the volatility rate increased by 15.17%, as shares surge +5.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.78% lower at present.
During the last 5 trading sessions, STEM rose by +10.65%, which changed the moving average for the period of 200-days by -88.05% in comparison to the 20-day moving average, which settled at $0.3827. In addition, Stem Inc saw -89.82% 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 STEM starting from Russo Alan, who proposed sale 79,594 shares at the price of $0.63 back on Aug 21 ’24. After this action, Russo Alan now owns shares of Stem Inc, valued at $50,500 using the latest closing price.
Russo Alan, the Former CRO of Stem Inc, proposed sale 30,000 shares at $0.58 during a trade that took place back on Aug 16 ’24, which means that Russo Alan is holding shares at $17,401 based on the most recent closing price.
Stock Fundamentals for STEM
Current profitability levels for the company are sitting at:
- -1.04 for the present operating margin
- 0.05 for the gross margin
The net margin for Stem Inc stands at -3.28. The total capital return value is set at -0.81. Equity return is now at value -1545.69, with -86.81 for asset returns.
Based on Stem Inc (STEM), the company’s capital structure generated 2.9 points at debt to capital in total, while cash flow to debt ratio is standing at -0.05. The debt to equity ratio resting at -1.53. The interest coverage ratio of the stock is -14.22.
Currently, EBITDA for the company is -79.17 million with net debt to EBITDA at -0.59. When we switch over and look at the enterprise to sales, we see a ratio of 2.06. The receivables turnover for the company is 2.76for trailing twelve months and the total asset turnover is 0.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.03.
Conclusion
In conclusion, Stem Inc (STEM) has seen bad performance in recent times. Analysts have a bullish 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.
