A new trading day began on Friday, with Spire Global Inc (NYSE: SPIR) stock price down -6.17% from the previous day of trading, before settling in for the closing price of $11.66. SPIR’s price has ranged from $6.26 to $21.43 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 56.33% over the past five years. Meanwhile, its annual earnings per share averaged 45.93%. With a float of $18.65 million, this company’s outstanding shares have now reached $24.32 million.
Let’s look at the performance matrix of the company that is accounted for 416 employees. In terms of profitability, gross margin is 56.66%, operating margin of -38.33%, and the pretax margin is -68.92%.
Spire Global Inc (SPIR) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Business Services Industry. The insider ownership of Spire Global Inc is 23.29%, while institutional ownership is 28.48%. The most recent insider transaction that took place on Nov 21 ’24, was worth 182,712. In this transaction CLO, CAO and Corp Sec of this company sold 12,373 shares at a rate of $14.77, taking the stock ownership to the 311,608 shares. Before that another transaction happened on Nov 21 ’24, when Company’s Chief Operating Officer sold 17,592 for $14.77, making the entire transaction worth $259,781. This insider now owns 377,152 shares in total.
Spire Global Inc (SPIR) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.23 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 45.93% per share during the next fiscal year.
Spire Global Inc (NYSE: SPIR) Trading Performance Indicators
Here are Spire Global Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.22. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.48, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach -0.60 in one year’s time.
Technical Analysis of Spire Global Inc (SPIR)
Spire Global Inc (NYSE: SPIR) saw its 5-day average volume 0.93 million, a positive change from its year-to-date volume of 0.74 million. As of the previous 9 days, the stock’s Stochastic %D was 20.67%. Additionally, its Average True Range was 1.88.
During the past 100 days, Spire Global Inc’s (SPIR) raw stochastic average was set at 17.40%, which indicates a significant increase from 14.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 294.63% in the past 14 days, which was higher than the 130.25% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.26, while its 200-day Moving Average is $11.87. Nevertheless, the first resistance level for the watch stands at $11.56 in the near term. At $12.19, the stock is likely to face the second major resistance level. The third major resistance level sits at $12.50. If the price goes on to break the first support level at $10.63, it is likely to go to the next support level at $10.32. Assuming the price breaks the second support level, the third support level stands at $9.69.
Spire Global Inc (NYSE: SPIR) Key Stats
With a market capitalization of 282.52 million, the company has a total of 24,318K Shares Outstanding. Currently, annual sales are 105,700 K while annual income is -63,960 K. The company’s previous quarter sales were 25,690 K while its latest quarter income was -25,260 K.
