Understanding the Recent Fluctuations of SciSparc Ltd’s (SPRC) Stock

In the past week, SPRC stock has gone up by 39.40%, with a monthly gain of 168.38% and a quarterly surge of 232.23%. The volatility ratio for the week is 54.09%, and the volatility levels for the last 30 days are 31.29% for SciSparc Ltd The simple moving average for the last 20 days is 60.00% for SPRC stock, with a simple moving average of 13.31% for the last 200 days.

Is It Worth Investing in SciSparc Ltd (NASDAQ: SPRC) Right Now?

The stock has a 36-month beta value of 0.48.

The public float for SPRC is 10.36M, and at present, short sellers hold a 7.68% of that float. On January 13, 2025, the average trading volume of SPRC was 8.33M shares.

SPRC) stock’s latest price update

SciSparc Ltd (NASDAQ: SPRC)’s stock price has plunge by -9.69relation to previous closing price of 0.81. Nevertheless, the company has seen a 39.40% surge in its stock price over the last five trading sessions. globenewswire.com reported 2025-01-13 that TEL AVIV, Israel, Jan. 13, 2025 (GLOBE NEWSWIRE) — SciSparc Ltd. (Nasdaq: SPRC) (“Company” or “SciSparc”), announced that AutoMax Motors Ltd., (“AutoMax”), a leading automotive importer and distributor in Israel with which the Company has entered into an agreement and plan of merger, received its first shipment of vehicles manufactured by Anhui Jianghuai Automobile Group Co., Ltd. (“JAC Motors”), a globally recognized Chinese automotive company. This marks a significant milestone in AutoMax’s direct import and distribution operations, launched under agreements signed earlier this year with JAC Motors.

SPRC Trading at 125.79% from the 50-Day Moving Average

After a stumble in the market that brought SPRC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.15% of loss for the given period.

Volatility was left at 31.29%, however, over the last 30 days, the volatility rate increased by 54.09%, as shares surge +190.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +227.43% upper at present.

During the last 5 trading sessions, SPRC rose by +40.18%, which changed the moving average for the period of 200-days by -60.22% in comparison to the 20-day moving average, which settled at $0.4601. In addition, SciSparc Ltd saw 104.42% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for SPRC

Current profitability levels for the company are sitting at:

  • -2.01 for the present operating margin
  • 0.76 for the gross margin

The net margin for SciSparc Ltd stands at -1.78. The total capital return value is set at -0.6. Equity return is now at value -103.20, with -55.80 for asset returns.

Currently, EBITDA for the company is -5.31 million with net debt to EBITDA at 0.38. When we switch over and look at the enterprise to sales, we see a ratio of 2.0. The receivables turnover for the company is 10.03for trailing twelve months and the total asset turnover is 0.26. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.86.

Conclusion

To sum up, SciSparc Ltd (SPRC) has seen a better 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.

Most Popular

Related Posts