Spruce Biosciences Inc (NASDAQ: SPRB) kicked off on Monday, up 1378.46% from the previous trading day, before settling in for the closing price of $8.82. Over the past 52 weeks, SPRB has traded in a range of $4.28-$45.60.
During the last 5-year period, the sales drop of Healthcare Sector giant was -16.93%. While this was happening, its average annual earnings per share was recorded 97.07%. With a float of $0.47 million, this company’s outstanding shares have now reached $0.56 million.
Spruce Biosciences Inc (SPRB) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Spruce Biosciences Inc is 17.40%, while institutional ownership is 9.98%.
Spruce Biosciences Inc (SPRB) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -15.75 earnings per share (EPS), higher than consensus estimate (set at -17.63) by 1.87. Wall Street market experts anticipate that the next fiscal year will bring earnings of -2.55 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 97.07% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 52.27% during the next five years compared to -16.93% drop over the previous five years of trading.
Spruce Biosciences Inc (NASDAQ: SPRB) Trading Performance Indicators
Take a look at Spruce Biosciences Inc’s (SPRB) current performance indicators. Last quarter, stock had a quick ratio of 2.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 56.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -85.92, a number that is poised to hit -15.56 in the next quarter and is forecasted to reach -11.31 in one year’s time.
Technical Analysis of Spruce Biosciences Inc (SPRB)
Looking closely at Spruce Biosciences Inc (NASDAQ: SPRB), its last 5-days average volume was 5.01 million, which is a jump from its year-to-date volume of 0.14 million. As of the previous 9 days, the stock’s Stochastic %D was 58.10%.
During the past 100 days, Spruce Biosciences Inc’s (SPRB) raw stochastic average was set at 76.09%, which indicates a significant increase from 75.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.88 in the past 14 days, which was higher than the 2.34 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $11.26, while its 200-day Moving Average is $15.93. However, in the short run, Spruce Biosciences Inc’s stock first resistance to watch stands at $190.26. Second resistance stands at $250.11. The third major resistance level sits at $330.23.
Spruce Biosciences Inc (NASDAQ: SPRB) Key Stats
The company with the Market Capitalisation of 73.48 million has total of 562K Shares Outstanding. Its annual sales at the moment are 4,910 K in contrast with the sum of -53,040 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -14,040 K.
