Sobr Safe Inc (NASDAQ: SOBR) is -97.12% lower on its value in year-to-date trading and has touched a low of $2.41 and a high of $195.46 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 SOBR stock was last observed hovering at around $3.37 in the last trading session, with the day’s gains setting it 1.37%.
Currently trading at $4.74, the stock is 48.43% and 45.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 25.79 million and changing 40.65% at the moment leaves the stock -79.94% off its SMA200. SOBR registered -59.14% loss for a year compared to 6-month loss of -56.11%. The firm has a 50-day simple moving average (SMA 50) of $3.2582 and a 200-day simple moving average (SMA200) of $23.6323.
The stock witnessed a 29.16% gain in the last 1 month and extending the period to 3 months gives it a -3.07%, and is 49.06% up 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 15.81% over the week and 9.64% over the month.
Sobr Safe Inc (SOBR) has around 14 employees, a market worth around $7.19M and $0.25M in sales. Profit margin for the company is -3367.52%. Distance from 52-week low is 96.68% and -97.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-72.50%).
10.0 institutions hold shares in Sobr Safe Inc (SOBR), with institutional investors hold 0.95% of the company’s shares. The shares outstanding are 1.52M, and float is at 1.21M with Short Float at 3.67%. Institutions hold 0.77% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 0.15 million shares valued at $21865.0. The investor’s holdings represent 33.8377 of the SOBR Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 0.14 million shares valued at $20276.0 to account for 31.3673 of the shares outstanding. The other top investors are PNC FINANCIAL SERVICES GROUP, INC. which holds 0.13 million shares representing 29.9119 and valued at over $19355.0, while JANE STREET GROUP, LLC holds 25.0618 of the shares totaling 0.11 million with a market value of $16195.0.
