At the end of the latest market close, SPI Energy Co. Ltd. (SPI) was valued at $7.99. In that particular session, Stock kicked-off at the price of $8.00 while reaching the peak value of $8.5852 and lowest value recorded on the day was $7.22. The stock current value is $7.34.
Recently in News on June 10, 2021, SPI Energy Issues $4.21 Million 10% Convertible Promissory Note with $20 per Share Conversion Price. SPI Energy Co., Ltd., (NASDAQ:SPI) (the “Company”), a global renewable energy company and provider of solar storage and electric vehicle (EV) solutions for business, residential, government, logistics and utility customers and investors, today announced that on June 9, 2021, it issued a $4.21 million 10% convertible promissory note to Streeterville Capital, LLC, a Utah limited liability company. You can read further details here
SPI Energy Co. Ltd. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $12.69 on 01/25/21, with the lowest value was $5.00 for the same time period, recorded on 05/13/21.
SPI Energy Co. Ltd. (SPI) full year performance was 699.40%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, SPI Energy Co. Ltd. shares are logging -84.28% during the 52-week period from high price, and 732.10% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.88 and $46.67.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 555255 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the SPI Energy Co. Ltd. (SPI) recorded performance in the market was 1.27%, having the revenues showcasing 8.71% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 189.36M, as it employees total of 78 workers.
Market experts do have their say about SPI Energy Co. Ltd. (SPI)
During the last month, 0 analysts gave the SPI Energy Co. Ltd. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 7.73, with a change in the price was noted -0.85. In a similar fashion, SPI Energy Co. Ltd. posted a movement of -10.16% for the period of last 100 days, recording 1,104,396 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for SPI is recording 2.93 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.16.
Technical breakdown of SPI Energy Co. Ltd. (SPI)
Raw Stochastic average of SPI Energy Co. Ltd. in the period of last 50 days is set at 70.29%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 70.29%. In the last 20 days, the company’s Stochastic %K was 76.23% and its Stochastic %D was recorded 75.80%.
Bearing in mind the latest performance of SPI Energy Co. Ltd., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 1.27%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -9.20%, alongside a boost of 699.40% for the period of the last 12 months. The shares increased approximately by 34.74% in the 7-day charts and went down by 38.72% in the period of the last 30 days. Common stock shares were driven by 8.71% during last recorded quarter.