On Tuesday, Sphere Entertainment Co (NYSE: SPHR) was 4.36% up from the session before settling in for the closing price of $34.62. A 52-week range for SPHR has been $27.02 – $51.83.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Communication Services Sector giant saw their annual sales slid by -12.89% over the last five years. When this article was written, the company’s average yearly earnings per share was at -207.32%. With a float of $26.87 million, this company’s outstanding shares have now reached $27.81 million.
The firm has a total of 1100 workers. Let’s measure their productivity.
Sphere Entertainment Co (SPHR) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Sphere Entertainment Co stocks. The insider ownership of Sphere Entertainment Co is 23.95%, while institutional ownership is 97.80%. The most recent insider transaction that took place on Mar 08 ’24, was worth 618,694. In this transaction President/CEO-MSG Networks of this company sold 12,131 shares at a rate of $51.00, taking the stock ownership to the 76,650 shares. Before that another transaction happened on Mar 04 ’24, when Company’s Executive Chairman / CEO bought 110,156 for $46.88, making the entire transaction worth $5,164,270. This insider now owns 630,195 shares in total.
Sphere Entertainment Co (SPHR) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around -207.32% per share during the next fiscal year.
Sphere Entertainment Co (NYSE: SPHR) Trading Performance Indicators
You can see what Sphere Entertainment Co (SPHR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.88, a number that is poised to hit -1.66 in the next quarter and is forecasted to reach -5.11 in one year’s time.
Technical Analysis of Sphere Entertainment Co (SPHR)
Analysing the last 5-days average volume posted by the [Sphere Entertainment Co, SPHR], we can find that recorded value of 0.84 million was better than the volume posted last year of 0.72 million. As of the previous 9 days, the stock’s Stochastic %D was 82.87%. Additionally, its Average True Range was 1.43.
During the past 100 days, Sphere Entertainment Co’s (SPHR) raw stochastic average was set at 20.43%, which indicates a significant decrease from 68.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.80% in the past 14 days, which was higher than the 43.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.32, while its 200-day Moving Average is $37.82. Now, the first resistance to watch is $36.99. This is followed by the second major resistance level at $37.86. The third major resistance level sits at $39.11. If the price goes on to break the first support level at $34.87, it is likely to go to the next support level at $33.62. Now, if the price goes above the second support level, the third support stands at $32.75.
Sphere Entertainment Co (NYSE: SPHR) Key Stats
There are 35,328K outstanding shares of the company, which has a market capitalization of 1.28 billion. As of now, sales total 573,830 K while income totals 502,770 K. Its latest quarter income was 321,330 K while its last quarter net income were -47,240 K.
