Sphere 3D Corp (NASDAQ:ANY)’s traded shares stood at 1.2 million during the last session, with the company’s beta value hitting 2.78. At the close of trading, the stock’s price was $1.54, to imply an increase of 13.24% or $0.18 in intraday trading. The ANY share’s 52-week high remains $4.09, putting it -165.58% down since that peak but still an impressive 62.99% since price per share fell to its 52-week low of $0.57. The company has a valuation of $27.41M, with an average of 0.63 million shares in intraday trading volume over the past 10 days and average of 1.29 million shares over the past 3 months.
Sphere 3D Corp (NASDAQ:ANY) trade information
After registering a 13.24% upside in the last session, Sphere 3D Corp (ANY) has traded red over the past five days. The stock hit a weekly high of 1.6910, jumping 13.24% in its intraday price action. The 5-day price performance for the stock is 10.00%, and -27.70% over 30 days. With these gigs, the year-to-date price performance is -53.61%. Short interest in Sphere 3D Corp (NASDAQ:ANY) saw shorts transact 0.58 million shares and set a 0.58 days time to cover.
Sphere 3D Corp (ANY) estimates and forecasts
Looking at statistics comparing Sphere 3D Corp share performance against respective industry, we note that the company has outperformed competitors. Sphere 3D Corp (ANY) shares are 10.00% up over the last 6 months, with its year-to-date growth rate higher than industry average at 23.20% against 5.70%. The rating firms project that company’s revenue will grow 18.20% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is $8.3 million. Meanwhile, for the quarter ending Jun 2024, a total of 1 analyst(s) estimate revenue growth to $6.7 million.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 53.88% for the past 5-year period. While 2024 is set for a 27.98% return in earnings, projections for the next 5 years are at 20.00% annually.
ANY Dividends
Sphere 3D Corp has its next earnings report out between March 29 and April 02. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Sphere 3D Corp has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Sphere 3D Corp (NASDAQ:ANY)’s Major holders
Sphere 3D Corp insiders hold 6.01% of total outstanding shares, with institutional holders owning 4.38% of the shares at 4.66% float percentage. In total, 4.38% institutions holds shares in the company, led by Group One Trading, L.P.. As of Jun 29, 2023, the company held over 14017.0 shares (or 0.12% of shares), all amounting to roughly $27192.0.
The next major institution holding the largest number of shares is Horan Securities, Inc. with 4413.0 shares, or about 0.04% of shares outstanding. As of the market price on Jun 29, 2023, these shares were worth $8561.0.
We also have Dimensional ETF Tr-Dimensional U.S. Targeted Value ETF and DFA U.S. Targeted Value Portfolio as the top two Mutual Funds with the largest holdings of the Sphere 3D Corp (ANY) shares. Going by data provided on Jul 30, 2023, Dimensional ETF Tr-Dimensional U.S. Targeted Value ETF holds roughly 11950.0 shares. This is just over 0.10% of the total shares, with a market valuation of $29277.0. Data from the same date shows that the other fund manager holds a little less at 9509.0, or 0.08% of the shares, all valued at about 23297.0.
