A Detailed Analysis Of Sphere 3D Corp (ANY)

NOVA

Sphere 3D Corp (NASDAQ:ANY) has a beta value of 3.00 and has seen 1.88 million shares traded in the last trading session. The company, currently valued at $28.25M, closed the last trade at $1.11 per share which meant it gained $0.05 on the day or 4.72% during that session. The ANY stock price is -190.09% off its 52-week high price of $3.22 and 39.64% 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 0.43 million shares traded. The 3-month trading volume is 875.62K shares.

Sphere 3D Corp (NASDAQ:ANY) trade information

Sporting 4.72% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the ANY stock price touched $1.11 or saw a rise of 5.93%. Year-to-date, Sphere 3D Corp shares have moved 17.56%, while the 5-day performance has seen it change 18.09%. Over the past 30 days, the shares of Sphere 3D Corp (NASDAQ:ANY) have changed -20.14%. Short interest in the company has seen 0.56 million shares shorted with days to cover at 1.05.

Wall Street analysts have a consensus price target for the stock at $3, which means that the shares’ value could jump 63.0% from current levels. 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 current price level is -170.27% off the targeted high while a plunge would see the stock gain -170.27% from current levels.

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 14.76% over the past 6 months, with this year growth rate of 77.90%, compared to 7.70% for the industry.

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 2025 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 February 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.