The 36-month beta value for ANY is also noteworthy at 2.94. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for ANY is 22.31M, and at present, short sellers hold a 2.69% of that float. The average trading volume of ANY on December 11, 2024 was 764.39K shares.
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ANY) stock’s latest price update
Sphere 3D Corp (NASDAQ: ANY) has experienced a decline in its stock price by -2.27 compared to its previous closing price of 1.32. However, the company has seen a fall of -9.79% in its stock price over the last five trading days. newsfilecorp.com reported 2024-11-20 that Stamford, Connecticut–(Newsfile Corp. – November 20, 2024) – Sphere 3D Corp (NASDAQ: ANY) (“Sphere 3D” or the “Company”), a Bitcoin mining company operating at an industrial scale, today announced that it has entered into a securities purchase agreement with a single institutional investor for the issuance and sale of 4,225,353 of its common shares (or common share equivalents in lieu thereof) in a registered direct offering at a purchase price of $1.42 per share (the “Registered Offering”). In a concurrent private placement (the “Private Placement” and together with the Registered Offering, the “Offerings”), the Company also agreed to issue to the same investor warrants to purchase up to 4,225,353 of its common shares (the “Common Warrants”).
ANY’s Market Performance
Sphere 3D Corp (ANY) has seen a -9.79% fall in stock performance for the week, with a -20.37% decline in the past month and a 53.57% surge in the past quarter. The volatility ratio for the week is 12.12%, and the volatility levels for the past 30 days are at 14.39% for ANY. The simple moving average for the past 20 days is -7.59% for ANY’s stock, with a 13.01% simple moving average for the past 200 days.
Analysts’ Opinion of ANY
Many brokerage firms have already submitted their reports for ANY stocks, with Ladenburg Thalmann repeating the rating for ANY by listing it as a “Buy.” The predicted price for ANY in the upcoming period, according to Ladenburg Thalmann is $3 based on the research report published on January 19, 2016 of the previous year 2016.
ROTH Capital, on the other hand, stated in their research note that they expect to see ANY reach a price target of $8. The rating they have provided for ANY stocks is “Buy” according to the report published on June 24th, 2015.
ANY Trading at 8.14% from the 50-Day Moving Average
After a stumble in the market that brought ANY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -68.46% of loss for the given period.
Volatility was left at 14.39%, however, over the last 30 days, the volatility rate increased by 12.12%, as shares sank -28.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +43.18% upper at present.
During the last 5 trading sessions, ANY fell by -11.89%, which changed the moving average for the period of 200-days by -45.22% in comparison to the 20-day moving average, which settled at $1.3945. In addition, Sphere 3D Corp saw -61.14% 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 ANY starting from Trompeter Patricia, who proposed sale 20,000 shares at the price of $1.31 back on Dec 10 ’24. After this action, Trompeter Patricia now owns shares of Sphere 3D Corp, valued at $26,200 using the latest closing price.
Kalbfleisch Kurt L., the SVP and CFO of Sphere 3D Corp, sale 11,000 shares at $0.95 during a trade that took place back on Aug 29 ’24, which means that Kalbfleisch Kurt L. is holding 136,515 shares at $10,450 based on the most recent closing price.
Stock Fundamentals for ANY
Current profitability levels for the company are sitting at:
- -0.8 for the present operating margin
- 0.19 for the gross margin
The net margin for Sphere 3D Corp stands at -0.51. The total capital return value is set at -0.43. Equity return is now at value -24.89, with -21.32 for asset returns.
Currently, EBITDA for the company is -15.94 million with net debt to EBITDA at 2.54. When we switch over and look at the enterprise to sales, we see a ratio of 1.18. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.09.
Conclusion
In summary, Sphere 3D Corp (ANY) 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’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.
