Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Spero Therapeutics Inc’s current trading price is -11.28% away from its 52-week high, while its distance from the 52-week low is 78.79%. The stock’s price range during this period has varied between $0.99 and $2.00. The company, active in the Healthcare sector, saw a trading volume of around 3.59 million for the day, considerably higher average daily volume of 0.22 million observed over the last three months.
Spero Therapeutics Inc had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $2.00 on 05/08/23, while the lowest price during the same period was $0.99 on 10/26/23.
How Financial Performance Impacts Market Capitalization
Spero Therapeutics Inc (SPRO) has experienced a quarterly rise of 41.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 93.81M and boasts a workforce of 46 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.3725, with a change in price of +0.6700. Similarly, Spero Therapeutics Inc recorded 223,995 in trading volume during the last 100 days, posting a change of +61.19%.
How SPRO’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for SPRO stands at 0.05. Similarly, the long-term debt-to-equity ratio is also 0.04.
SPRO Stock Stochastic Average
As of today, the raw stochastic average of Spero Therapeutics Inc over the last 50 days is at 77.68%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 71.59%. Further, the company’s Stochastic %K and %D values for the last 20 days were 67.61% and 73.16%, respectively.
SPRO Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 20.41%. However, over the past six months, we’ve seen a weaker performance of 37.21%. The price of SPRO fallen by 21.23% over the last 30 days. And in the last five days, it has surged by 2.31%.
