Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Spire Global Inc’s current trading price is -16.08% away from its 52-week high, while its distance from the 52-week low is 160.06%. The stock’s price range over this period has fluctuated between $6.26 and $19.40. The company, operating within the financial sector, had a trading volume of approximately 0.8 million for the day, which was noticeably higher than the average daily share volume of 0.29 million over the last 3 months.
In terms of market performance, Spire Global Inc had a fairly even. The highest value for the stock in the past year was $19.40 on 03/19/24, and the lowest value was recorded at $6.26 on 08/15/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Spire Global Inc (SPIR) has experienced a quarterly rise of 67.84% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 420.43M and boasts a workforce of 416 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 11.60, with a change in price of +8.79. Similarly, Spire Global Inc recorded 287,854 in trading volume during the last 100 days, posting a change of +118.62%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SPIR stands at 1.53. Similarly, the long-term debt-to-equity ratio is also 1.49.
SPIR Stock Stochastic Average
Today, Spire Global Inc’s raw stochastic average for the past 50 days stands at 90.09%, indicating a decline from the raw stochastic average of the last 20 days, which was 92.59%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 53.99% and 36.52% respectively.
SPIR Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Until today this year the stock’s price performance recorded an increase of 15.71%. However, over the last six months, the performance has been weaker by 14.25%. The price of SPIR increased 20.50% over the last 30 days. And in the last five days, it has surged by 20.06%.
