A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. Until today this year the stock’s price performance recorded a decrease of -53.61%. However, over the last six months, the performance has been weaker by 10.00%. The price of ANY decreased -27.70% over the last 30 days. And in the last five days, it has surged by 10.00%.
Sphere 3D Corp’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $4.09 on 12/27/23, and the lowest price during the same period was recorded at $0.57 on 12/01/23.
52-week price history of ANY Stock
A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Sphere 3D Corp’s current trading price is -62.35% away from its 52-week high, while its distance from the 52-week low is 169.84%. The stock’s price range over this timeframe has been between $0.57 and $4.09. The shares of the Technology sector company recorded a trading volume of approximately 1.2 million for the day, which was comparatively lower than the average daily volume of 1.29 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Sphere 3D Corp (ANY) has experienced a quarterly decline of -61.60% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.41M and boasts a workforce of 5 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.8132, with a change in price of +0.5401. Similarly, Sphere 3D Corp recorded 1,869,518 in trading volume during the last 100 days, posting a change of +54.02%.
ANY’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for ANY stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.
ANY Stock Stochastic Average
The raw stochastic average for Sphere 3D Corp over the last 50 days is presently at 16.21%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 30.26%. Further, the company’s Stochastic %K and %D values for the last 20 days were 14.92% and 10.93%, respectively.
