The stock has a 36-month beta value of 0.95. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SPRY is 51.12M, and at present, short sellers hold a 24.76% of that float. On January 10, 2025, the average trading volume of SPRY was 1.17M shares.
SPRY) stock’s latest price update
The stock of ARS Pharmaceuticals Inc (NASDAQ: SPRY) has increased by 0.79 when compared to last closing price of 11.34. Despite this, the company has experienced a 8.34% gain in its stock price over the last five trading sessions. globenewswire.com reported 2025-01-06 that Canada and United Kingdom represent two of the largest markets within the ALK portfolio with plans to expand filings of neffy (epinephrine nasal spray) 2 mg in other key global regions
SPRY’s Market Performance
SPRY’s stock has risen by 8.34% in the past week, with a monthly drop of -18.47% and a quarterly drop of -17.65%. The volatility ratio for the week is 6.96% while the volatility levels for the last 30 days are 6.76% for ARS Pharmaceuticals Inc The simple moving average for the past 20 days is 0.12% for SPRY’s stock, with a -1.11% simple moving average for the past 200 days.
Analysts’ Opinion of SPRY
Raymond James, on the other hand, stated in their research note that they expect to see SPRY reach a price target of $22, previously predicting the price at $18. The rating they have provided for SPRY stocks is “Strong Buy” according to the report published on August 13th, 2024.
Leerink Partners gave a rating of “Outperform” to SPRY, setting the target price at $20 in the report published on August 12th of the previous year.
SPRY Trading at -14.29% from the 50-Day Moving Average
After a stumble in the market that brought SPRY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -38.25% of loss for the given period.
Volatility was left at 6.76%, however, over the last 30 days, the volatility rate increased by 6.96%, as shares sank -14.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -22.61% lower at present.
During the last 5 trading sessions, SPRY rose by +8.34%, which changed the moving average for the period of 200-days by +32.14% in comparison to the 20-day moving average, which settled at $11.42. In addition, ARS Pharmaceuticals Inc saw 8.34% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SPRY starting from Shawver Laura, who sale 50,000 shares at the price of $11.10 back on Jan 06 ’25. After this action, Shawver Laura now owns 210,346 shares of ARS Pharmaceuticals Inc, valued at $555,065 using the latest closing price.
Shawver Laura, the Director of ARS Pharmaceuticals Inc, proposed sale 50,000 shares at $11.10 during a trade that took place back on Jan 06 ’25, which means that Shawver Laura is holding shares at $555,065 based on the most recent closing price.
Stock Fundamentals for SPRY
Current profitability levels for the company are sitting at:
- -23.84 for the present operating margin
- 0.94 for the gross margin
The net margin for ARS Pharmaceuticals Inc stands at -19.35. The total capital return value is set at -0.3. Equity return is now at value -22.41, with -21.07 for asset returns.
Currently, EBITDA for the company is -67.45 million with net debt to EBITDA at 0.65. When we switch over and look at the enterprise to sales, we see a ratio of 422.09. The receivables turnover for the company is 3.28for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 12.54.
Conclusion
To sum up, ARS Pharmaceuticals Inc (SPRY) 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.
