There Has Been A 0.21% Incline For ARS Pharmaceuticals Inc (NASDAQ: SPRY). So What’s Next?

ARS Pharmaceuticals Inc (NASDAQ:SPRY)’s traded shares stood at 1.83 million during the last session, with the company’s beta value hitting 0.86. At the close of trading, the stock’s price was $14.11, to imply an increase of 0.21% or $0.03 in intraday trading. The SPRY share’s 52-week high remains $18.51, putting it -31.18% down since that peak but still an impressive 71.58% since price per share fell to its 52-week low of $4.01. The company has a valuation of $1.37B, with an average of 1.54 million shares in intraday trading volume over the past 10 days and average of 1.16 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for ARS Pharmaceuticals Inc (SPRY), translating to a mean rating of 1.00. Of 4 analyst(s) looking at the stock, 0 analyst(s) give SPRY a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 4 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.27.

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ARS Pharmaceuticals Inc (NASDAQ:SPRY) trade information

After registering a 0.21% upside in the last session, ARS Pharmaceuticals Inc (SPRY) has traded red over the past five days. The 5-day price performance for the stock is -12.58%, and -14.59% over 30 days. With these gigs, the year-to-date price performance is 157.48%. Short interest in ARS Pharmaceuticals Inc (NASDAQ:SPRY) saw shorts transact 12.6 million shares and set a 14.25 days time to cover.

The extremes give us $18 and $30 for target low and target high price respectively. As such, SPRY has been trading -112.62% off suggested target high and -27.57% from its likely low.

ARS Pharmaceuticals Inc (SPRY) estimates and forecasts

Looking at statistics comparing ARS Pharmaceuticals Inc share performance against respective industry, we note that the company has underperformed competitors. ARS Pharmaceuticals Inc (SPRY) shares are 55.05% up over the last 6 months, with its year-to-date growth rate lower than industry average at -12.28% against 16.40%. Revenue is forecast to shrink -280.96% this quarter before falling -159.09% for the next one. The rating firms project that company’s revenue will grow 16,950.83% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is 5.02M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 7.6M.

SPRY Dividends

ARS Pharmaceuticals Inc has its next earnings report out in December. 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.

ARS Pharmaceuticals Inc (NASDAQ:SPRY)’s Major holders

ARS Pharmaceuticals Inc insiders hold 23.21% of total outstanding shares, with institutional holders owning 67.56% of the shares at 87.98% float percentage. In total, 67.56% institutions holds shares in the company.