Spectrum Pharmaceuticals Inc. (NASDAQ: SPPI) open the trading on November 11, 2021, with great promise as it jumped 0.49% to $2.05. During the day, the stock rose to $2.11 and sunk to $2.01 before settling in for the price of $2.04 at the close. Taking a more long-term approach, SPPI posted a 52-week range of $1.79-$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 $155.24 million, simultaneously with a float of $137.35 million. The organization now has a market capitalization sitting at $368.34 million. At the time of writing, stock’s 50-day Moving Average stood at $2.13, while the 200-day Moving Average is $3.03.
Spectrum Pharmaceuticals Inc. (SPPI) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Biotechnology industry. Spectrum Pharmaceuticals Inc.’s current insider ownership accounts for 0.90%, in contrast to 68.80% institutional ownership. According to the most recent insider trade that took place on Nov 09, this organization’s Chief Medical Officer sold 6,000 shares at the rate of 2.18, making the entire transaction reach 13,080 in total value, affecting insider ownership by 329,166. Preceding that transaction, on Nov 08, Company’s Chief Medical Officer sold 7,363 for 2.20, making the whole transaction’s value amount to 16,221. This particular insider is now the holder of 335,166 in total.
Spectrum Pharmaceuticals Inc. (SPPI) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 9/29/2021 suggests? It has posted -$0.21 earnings per share (EPS) beating the forecaster’s viewpoint (set at -$0.28) by $0.07. This company achieved a return on equity of -105.52. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.22 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 -0.94 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 2.90. The Stock has managed to achieve an average true range (ATR) of 0.13.
In the same vein, SPPI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.29, a figure that is expected to reach -0.28 in the next quarter, and analysts are predicting that it will be -0.94 at the market close of one year from today.
Technical Analysis of Spectrum Pharmaceuticals Inc. (SPPI)
[Spectrum Pharmaceuticals Inc., SPPI] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 39.71% While, its Average True Range was 0.14.
Raw Stochastic average of Spectrum Pharmaceuticals Inc. (SPPI) in the period of the previous 100 days is set at 11.35%, which indicates a major fall in contrast to 39.39% 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 88.64% that was higher than 67.12% volatility it exhibited in the past 100-days period.