Spire Global Inc’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $14.20 on 03/19/24 and a low of $2.80 for the same time frame on 06/23/23.
52-week price history of SPIR Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Spire Global Inc’s current trading price is 15.73% away from its 52-week high, while its distance from the 52-week low is 486.93%. The stock’s price range during the 52-week period has remained between $2.80 and $14.20. In the Industrials sector, the company’s shares saw a trading volume of around 5.2 million for the day, which was evidently higher than the average daily volume of 0.17 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Spire Global Inc (SPIR) has experienced a quarterly rise of 129.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 363.68M and boasts a workforce of 416 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.71, with a change in price of +11.94. Similarly, Spire Global Inc recorded 195,353 in trading volume during the last 100 days, posting a change of +320.87%.
Examining SPIR’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for SPIR stands at 1.85. Similarly, the long-term debt-to-equity ratio is also 1.80.
SPIR Stock Stochastic Average
Spire Global Inc’s raw stochastic average for the past 50 days is presently 71.25%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 58.36%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 49.44% and 44.42%, respectively.
SPIR Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The index has shown a price gain of 110.15% this year. Over the last six months, there has been a weaker performance of 208.91%. The price of SPIR fallen by 39.98% during the last 30 days period. For the last 5-days stocks have improved 38.80%.
