Spire Global Inc (NYSE: SPIR) is -2.43% lower on its value in year-to-date trading and has touched a low of $3.27 and a high of $19.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SPIR stock was last observed hovering at around $7.07 in the last trading session, with the day’s gains setting it 0.56%.
Currently trading at $7.63, the stock is -35.02% and -32.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing 7.92% at the moment leaves the stock -19.67% off its SMA200. SPIR registered 44.51% gain for a year compared to 6-month gain of -35.01%.
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 -45.54% loss in the last 1 month and extending the period to 3 months gives it a -22.77%, and is -25.49% 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 14.45% over the week and 9.47% over the month.
Spire Global Inc (SPIR) has around 416 employees, a market worth around $185.56M and $107.22M in sales. Profit margin for the company is -66.72%. Distance from 52-week low is 133.19% and -60.67% from its 52-week high. The company has generated returns on investments over the last 12 months (-33.62%).
with sales reaching $30.4M over the same period.The EPS is expected to grow by 12.44% this year, but quarterly earnings will post 17.40% year-over-year. Quarterly sales are estimated to grow 14.70% in year-over-year returns.
Spire Global Inc (SPIR) Top Institutional Holders
102.0 institutions hold shares in Spire Global Inc (SPIR), with institutional investors hold 38.58% of the company’s shares. The shares outstanding are 21.10M, and float is at 19.66M with Short Float at 18.96%. Institutions hold 34.89% of the Float.
The top institutional shareholder in the company is DEER MANAGEMENT CO. LLC with over 0.89 million shares valued at $$10.72 million. The investor’s holdings represent 4.2633 of the SPIR Shares outstanding. As of 2024-03-31, the second largest holder is FRANCISCO PARTNERS MANAGEMENT, LP with 0.31 million shares valued at $$3.7 million to account for 1.4726 of the shares outstanding.
Spire Global Inc (SPIR) Insider Activity
The most recent transaction is an insider sale by Platzer Peter,the company’sChief Executive Officer. SEC filings show that Platzer Peter sold 14,640 shares of the company’s common stock on Feb 22 ’24 at a price of $10.91 per share for a total of $0.16 million. Following the sale, the insider now owns 1.45 million shares.
Spire Global Inc disclosed in a document filed with the SEC on Feb 21 ’24 that Platzer Peter (Chief Executive Officer) sold a total of 12,534 shares of the company’s common stock. The trade occurred on Feb 21 ’24 and was made at $11.39 per share for $0.14 million. Following the transaction, the insider now directly holds 1.46 million shares of the SPIR stock.
Still, SEC filings show that on Feb 22 ’24, Condor Theresa (Chief Operating Officer) disposed off 6,858 shares at an average price of $10.91 for $74848.0. The insider now directly holds 228,283 shares of Spire Global Inc (SPIR).
