SiriusPoint Ltd (NYSE: SPNT) is 2.50% higher on its value in year-to-date trading and has touched a low of $8.39 and a high of $13.03 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SPNT stock was last observed hovering at around $12.19 in the last trading session, with the day’s loss setting it -0.3%.
Currently trading at $11.89, the stock is -3.71% and -2.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.74 million and changing -2.46% at the moment leaves the stock 8.12% off its SMA200. SPNT registered 29.38% gain for a year compared to 6-month gain of 19.98%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -1.98% loss in the last 1 month and extending the period to 3 months gives it a -2.78%, and is -0.75% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.03% over the week and 2.52% over the month.
Current P/E ratio is 5.86 and Fwd P/E is 6.61. Profit margin for the company is 12.33%. Distance from 52-week low is 41.72% and -8.75% from its 52-week high. The company has generated returns on investments over the last 12 months (10.47%).
The EPS is expected to shrink by -13.48% this year
The shares outstanding are 168.12M, and float is at 95.04M with Short Float at 2.56%.
SiriusPoint Ltd (SPNT) Insider Activity
The most recent transaction is an insider purchase by TAN WEI HAN, the company’s Director. SEC filings show that TAN WEI HAN bought 17,054 shares of the company’s common stock on Jun 23 ’23 at a price of $8.92 per share for a total of $0.15 million. Following the purchase, the insider now owns 18596.0 shares.
SiriusPoint Ltd disclosed in a document filed with the SEC on Jun 05 ’23 that TAN WEI HAN (Director) bought a total of 1,542 shares of the company’s common stock. The trade occurred on Jun 05 ’23 and was made at $9.00 per share for $13878.0. Following the transaction, the insider now directly holds 1542.0 shares of the SPNT stock.
Still, SEC filings show that on May 25 ’23, Loeb Daniel S (Director) acquired 105 shares at an average price of $23.75 for $2494.0. The insider now directly holds 34,796 shares of SiriusPoint Ltd (SPNT).
