Witnessing the stock’s movement on the chart, on April 05, 2021, Spectrum Pharmaceuticals Inc. (NASDAQ: SPPI) had a quiet start as it plunged -2.72% to $3.22. During the day, the stock rose to $3.37 and sunk to $3.15 before settling in for the price of $3.31 at the close. Taking a more long-term approach, SPPI posted a 52-week range of $2.09-$5.24.
Meanwhile, its Annual Earning per share during the time was -11.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -12.50%. This publicly-traded company’s shares outstanding now amounts to $141.55 million, simultaneously with a float of $136.71 million. The organization now has a market capitalization sitting at $462.78 million. At the time of writing, stock’s 50-day Moving Average stood at $3.54, while the 200-day Moving Average is $3.80.
Spectrum Pharmaceuticals Inc. (SPPI) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Biotechnology industry. Spectrum Pharmaceuticals Inc.’s current insider ownership accounts for 1.50%, in contrast to 71.60% institutional ownership. According to the most recent insider trade that took place on Mar 16, this organization’s Chief Medical Officer sold 18,828 shares at the rate of 3.69, making the entire transaction reach 69,475 in total value, affecting insider ownership by 353,017. Preceding that transaction, on Mar 16, Company’s EVP & Chief Financial Officer sold 16,318 for 3.69, making the whole transaction’s value amount to 60,213. This particular insider is now the holder of 400,451 in total.
Spectrum Pharmaceuticals Inc. (SPPI) Earnings and Revenue Records
As on 12/30/2020, Multinational firm has announced its last quarter scores, in which it reported -$0.29 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.29) by $0. This company achieved a return on equity of -105.52. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.3 per share during the current fiscal year.
Spectrum Pharmaceuticals Inc.’s EPS decrease for this current 12-month fiscal period is -12.50% and is forecasted to reach -0.62 in the upcoming year.
Spectrum Pharmaceuticals Inc. (NASDAQ: SPPI) Trading Performance Indicators
Let’s observe the current performance indicators for Spectrum Pharmaceuticals Inc. (SPPI). It’s Quick Ratio in the last reported quarter now stands at 3.50. The Stock has managed to achieve an average true range (ATR) of 0.24.
In the same vein, SPPI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.37, a figure that is expected to reach -0.30 in the next quarter, and analysts are predicting that it will be -0.62 at the market close of one year from today.
Technical Analysis of Spectrum Pharmaceuticals Inc. (SPPI)
Going through the that latest performance of [Spectrum Pharmaceuticals Inc., SPPI]. Its last 5-days volume of 2.1 million was inferior to the volume of 2.63 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 59.84% While, its Average True Range was 0.23.
Raw Stochastic average of Spectrum Pharmaceuticals Inc. (SPPI) in the period of the previous 100 days is set at 14.77%, which indicates a major fall in contrast to 40.94% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 70.81% that was higher than 66.50% volatility it exhibited in the past 100-days period.