In the past week, SPIR stock has gone up by 15.22%, with a monthly decline of -35.86% and a quarterly plunge of -13.50%. The volatility ratio for the week is 13.31%, and the volatility levels for the last 30 days are 10.68% for Spire Global Inc The simple moving average for the past 20 days is -30.10% for SPIR’s stock, with a -1.74% simple moving average for the past 200 days.
Is It Worth Investing in Spire Global Inc (NYSE: SPIR) Right Now?
The 36-month beta value for SPIR is also noteworthy at 2.26. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for SPIR is 18.65M, and at present, short sellers hold a 10.29% of that float. The average trading volume of SPIR on February 21, 2025 was 525.85K shares.
SPIR) stock’s latest price update
Spire Global Inc (NYSE: SPIR) has experienced a decline in its stock price by -7.31 compared to its previous closing price of 12.58. However, the company has seen a gain of 15.22% in its stock price over the last five trading days. accessnewswire.com reported 2025-02-14 that NEW YORK CITY, NY / ACCESS Newswire / February 14, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Spire Global, Inc. (“Spire” or “the Company”) (NYSE:SPIR). Investors who purchased Spire securities prior to May 11, 2022, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/SPIR.
Analysts’ Opinion of SPIR
Many brokerage firms have already submitted their reports for SPIR stocks, with Craig Hallum repeating the rating for SPIR by listing it as a “Buy.” The predicted price for SPIR in the upcoming period, according to Craig Hallum is $20 based on the research report published on November 14, 2024 of the previous year 2024.
Alliance Global Partners, on the other hand, stated in their research note that they expect to see SPIR reach a price target of $24, previously predicting the price at $17. The rating they have provided for SPIR stocks is “Buy” according to the report published on November 14th, 2024.
Canaccord Genuity gave a rating of “Buy” to SPIR, setting the target price at $12 in the report published on September 10th of the previous year.
SPIR Trading at -23.99% from the 50-Day Moving Average
After a stumble in the market that brought SPIR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -45.58% of loss for the given period.
Volatility was left at 10.68%, however, over the last 30 days, the volatility rate increased by 13.31%, as shares sank -39.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.31% lower at present.
During the last 5 trading sessions, SPIR rose by +15.22%, which changed the moving average for the period of 200-days by +13.87% in comparison to the 20-day moving average, which settled at $16.68. In addition, Spire Global Inc saw -17.13% 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 SPIR starting from Johnson Boyd C., who sale 12,373 shares at the price of $14.77 back on Nov 21 ’24. After this action, Johnson Boyd C. now owns 311,608 shares of Spire Global Inc, valued at $182,712 using the latest closing price.
Condor Theresa, the Chief Operating Officer of Spire Global Inc, sale 17,592 shares at $14.77 during a trade that took place back on Nov 21 ’24, which means that Condor Theresa is holding 377,152 shares at $259,781 based on the most recent closing price.
Stock Fundamentals for SPIR
Current profitability levels for the company are sitting at:
- -0.38 for the present operating margin
- 0.57 for the gross margin
The net margin for Spire Global Inc stands at -0.68. The total capital return value is set at -0.14. Equity return is now at value -79.87, with -26.92 for asset returns.
Based on Spire Global Inc (SPIR), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at -0.06. The debt to equity ratio resting at 1.53. The interest coverage ratio of the stock is -2.09.
Currently, EBITDA for the company is -23.69 million with net debt to EBITDA at -3.75. When we switch over and look at the enterprise to sales, we see a ratio of 4.49. The receivables turnover for the company is 3.41for trailing twelve months and the total asset turnover is 0.3. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.22.
Conclusion
In summary, Spire Global Inc (SPIR) has had a bad performance as of late. Analysts have bullish 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.
