The stock price of SiriusPoint Ltd (NYSE: SPNT) has jumped by 0.13 compared to previous close of 14.97. Despite this, the company has seen a gain of 3.95% in its stock price over the last five trading days. benzinga.com reported 2024-12-31 that SiriusPoint Ltd SPNT stock is trading higher on Tuesday after the specialty insurer and reinsurer announced the repurchase of all SiriusPoint common shares and warrants held by CM Bermuda Limited for $733 million.
Is It Worth Investing in SiriusPoint Ltd (NYSE: SPNT) Right Now?
SiriusPoint Ltd (NYSE: SPNT) has a price-to-earnings ratio that is above its average at 9.22x. The stock has a 36-month beta value of 0.96. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for SPNT is 98.58M, and at present, short sellers hold a 1.65% of that float. On January 20, 2025, the average trading volume of SPNT was 604.41K shares.
SPNT’s Market Performance
SPNT stock saw a decrease of 3.95% in the past week, with a monthly decline of -3.73% and a quarterly a decrease of 9.34%. The volatility ratio for the week is 1.64%, and the volatility levels for the last 30 days are 3.36% for SiriusPoint Ltd (SPNT). The simple moving average for the last 20 days is 1.59% for SPNT’s stock, with a simple moving average of 9.26% for the last 200 days.
SPNT Trading at 0.10% from the 50-Day Moving Average
After a stumble in the market that brought SPNT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.15% of loss for the given period.
Volatility was left at 3.36%, however, over the last 30 days, the volatility rate increased by 1.64%, as shares sank -0.99% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.08% upper at present.
During the last 5 trading sessions, SPNT rose by +3.95%, which changed the moving average for the period of 200-days by +18.78% in comparison to the 20-day moving average, which settled at $14.76. In addition, SiriusPoint Ltd saw -8.54% 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 SPNT starting from Cabat Evan, who sale 2,000 shares at the price of $14.43 back on Aug 13 ’24. After this action, Cabat Evan now owns 33,928 shares of SiriusPoint Ltd, valued at $28,860 using the latest closing price.
Stock Fundamentals for SPNT
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.74 for the gross margin
The net margin for SiriusPoint Ltd stands at 0.12. The total capital return value is set at 0.04. Equity return is now at value 12.48, with 3.11 for asset returns.
Based on SiriusPoint Ltd (SPNT), the company’s capital structure generated 0.2 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.25. The interest coverage ratio of the stock is 4.25.
Currently, EBITDA for the company is 393.9 million with net debt to EBITDA at -0.16. When we switch over and look at the enterprise to sales, we see a ratio of 0.86. The receivables turnover for the company is 1.24for trailing twelve months and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.60.
Conclusion
To sum up, SiriusPoint Ltd (SPNT) 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
