Does Spire Global Inc (NYSE:SPIR) Look Expensive At $10.52? Here’s How To Know.

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In last trading session, Spire Global Inc (NYSE:SPIR) saw 0.35 million shares changing hands with its beta currently measuring 2.00. Company’s recent per share price level of $10.52 trading at $0.05 or 0.48% at ring of the bell on the day assigns it a market valuation of $255.85M. That closing price of SPIR’s stock is at a discount of -84.41% from its 52-week high price of $19.40 and is indicating a premium of 73.38% from its 52-week low price of $2.80. Taking a look at company’s average trading volume volume of 642.96K if we extend that period to 3-months.

Spire Global Inc (NYSE:SPIR) trade information

Upright in the green during last session for gaining 0.48%, in the last five days SPIR remained trading in the green while hitting it’s week-highest on Thursday, 06/13/24 when the stock touched $10.52 price level, adding 3.75% to its value on the day. Spire Global Inc’s shares saw a change of 34.53% in year-to-date performance and have moved 14.22% in past 5-day. Spire Global Inc (NYSE:SPIR) showed a performance of -7.23% in past 30-days.

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Spire Global Inc (SPIR) estimates and forecasts

Statistics highlight that Spire Global Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 38.97% of value to its shares in past 6 months, showing an annual growth rate of 56.56% while that of industry is 12.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

SPIR Dividends

Spire Global Inc is more likely to be releasing its next quarterly report in July and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.