-5.79% Fall Drives Sphere 3D Corp (ANY) Into Becoming A Interest-Loosing Stock For Investors

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Sphere 3D Corp (NASDAQ:ANY) has a beta value of 2.94 and has seen 0.41 million shares traded in the recent trading session. The company, currently valued at $26.89M, closed the recent trade at $1.14 per share which meant it lost -$0.07 on the day or -5.79% during that session. The ANY stock price is -258.77% off its 52-week high price of $4.09 and 41.23% above the 52-week low of $0.67. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.98 million shares traded. The 3-month trading volume is 815.54K shares.

Sphere 3D Corp (NASDAQ:ANY) trade information

Sporting -5.79% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ANY stock price touched $1.14 or saw a rise of 13.64%. Year-to-date, Sphere 3D Corp shares have moved -65.66%, while the 5-day performance has seen it change -13.64%. Over the past 30 days, the shares of Sphere 3D Corp (NASDAQ:ANY) have changed -16.79%. Short interest in the company has seen 0.56 million shares shorted with days to cover at 1.05.

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Wall Street analysts have a consensus price target for the stock at $3, which means that the shares’ value could jump 62.0% from the levels at last check today. The projected low price target is $3.0 while the price target rests at a high of $3.0. In that case, then, we find that the latest price level in today’s session is -163.16% off the targeted high while a plunge would see the stock gain -163.16% from the levels at last check today.

Sphere 3D Corp (ANY) estimates and forecasts

Figures show that Sphere 3D Corp shares have outperformed across the wider relevant industry. The company’s shares have gained 11.76% over the past 6 months, with this year growth rate of 77.90%, compared to 8.00% for the industry. Revenue growth from the last financial year stood is estimated to be -0.11%.

1 analysts offering their estimates for the company have set an average revenue estimate of 6.72M for the current quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 53.88% over the past 5 years. Earnings growth for 2024 is a modest 79.27% while over the next 5 years, the company’s earnings are expected to increase by 20.00%.

ANY Dividends

Sphere 3D Corp is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Sphere 3D Corp (NASDAQ:ANY)’s Major holders

Insiders own 5.29% of the company shares, while shares held by institutions stand at 4.45% with a share float percentage of 4.70%. Investors are also buoyed by the number of investors in a company, with Sphere 3D Corp having a total of 24.0 institutions that hold shares in the company.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Dimensional ETF Tr-Dimensional U.S. Core Equity 2 ETF. As of Sep 30, 2024, the former fund manager holds about 2.12% shares in the company for having 450.04 shares of worth $0.51 million while later fund manager owns 73.26 shares of worth $82805.0 as of Jul 31, 2024, which makes it owner of about 0.34% of company’s outstanding stock.