The price of Sphere 3D Corp (NASDAQ:ANY) shares last traded on Wall Street rose 62.62% to $1.74.
Based on available information, 1 analysts follow Sphere 3D Corp (NASDAQ:ANY). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $70.00 and a low of $70.00, we find $70.00. Given the previous closing price of $1.07, this indicates a potential upside of 6442.06 percent. ANY stock price is now 60.77% away from the 50-day moving average and -12.32% away from the 200-day moving average. The market capitalization of the company currently stands at $24.99M.
Among analysts, 0 rate the stock a hold while 1 rate it a buy. Brokers who have rated the stock have averaged $70.00 as their price target over the next twelve months.
With the price target of $3, Ladenburg Thalmann recently initiated with Buy rating for Sphere 3D Corp (NASDAQ: ANY).
In other news, O’Daniel Joseph, President sold 21,429 shares of the company’s stock on Dec 05. The stock was sold for $33,410 at an average price of $1.56. Upon completion of the transaction, the President now directly owns 1,517 shares in the company, valued at $2639.58. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 01, SVP and CFO Kalbfleisch Kurt L. sold 38,617 shares of the business’s stock. A total of $35,215 was realized by selling the stock at an average price of $0.91. This leaves the insider owning 78,089 shares of the company worth $0.14 million. Insiders disposed of 350,180 shares of company stock worth roughly $0.61 million over the past 1 year. A total of 2.05% of the company’s stock is owned by insiders.
A candlestick chart of Sphere 3D Corp (NASDAQ: ANY) showed a price of $1.0700 on Tuesday morning. During the past 12 months, Sphere 3D Corp has had a low of $0.57 and a high of $3.61. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 0.78, and a quick ratio of 0.78. The fifty day moving average price for ANY is $1.0823 and a two-hundred day moving average price translates $1.9846 for the stock.
The latest earnings results from Sphere 3D Corp (NASDAQ: ANY) was released for Sep, 2023. The net profit margin was -841.11% and return on equity was -103.95% for ANY. The company reported revenue of $5.72 million for the quarter, compared to $1.36 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 322.12 percent.
