Sphere 3D Corp (NASDAQ: ANY) Is Currently -148.18 Percent Below Its 52-Week High, But It Still Offers Strong Upside Potential.

Sphere 3D Corp (NASDAQ:ANY)’s traded shares stood at 0.41 million during the latest session, with the company’s beta value hitting 3.00. At the last check today, the stock’s price was $1.10, to imply an increase of 7.84% or $0.08 in intraday trading. The ANY share’s 52-week high remains $2.73, putting it -148.18% down since that peak but still an impressive 39.09% since price per share fell to its 52-week low of $0.67. The company has a valuation of $28.00M, with an average of 0.75 million shares in intraday trading volume over the past 10 days and average of 935.18K shares over the past 3 months.

Sphere 3D Corp (NASDAQ:ANY) trade information

After registering a 7.84% upside in the latest session, Sphere 3D Corp (ANY) has traded red over the past five days. The 5-day price performance for the stock is 0.92%, and -12.00% over 30 days. With these gigs, the year-to-date price performance is 16.50%. Short interest in Sphere 3D Corp (NASDAQ:ANY) saw shorts transact 0.56 million shares and set a 1.05 days time to cover.

The extremes give us $3 and $3 for target low and target high price respectively. As such, ANY has been trading -172.73% off suggested target high and -172.73% from its likely low.

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 -1.79% down over the last 6 months, with its year-to-date growth rate higher than industry average at 77.90% against 8.50%. The rating firms project that company’s revenue will shrink -0.11% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 6.72M.

ANY Dividends

Sphere 3D Corp has its next earnings report out in February. 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 (NASDAQ:ANY)’s Major holders

Sphere 3D Corp insiders hold 5.29% of total outstanding shares, with institutional holders owning 4.45% of the shares at 4.70% float percentage. In total, 4.45% institutions holds shares in the company.

We also have Vanguard Total Stock Market Index Fund and Dimensional ETF Tr-Dimensional U.S. Core Equity 2 ETF as the top two Mutual Funds with the largest holdings of the Sphere 3D Corp (ANY) shares. Going by data provided on Sep 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 450.04 shares. This is just over 1.77% of the total shares, with a market valuation of $0.49 million. Data from the same date shows that the other fund manager holds a little less at 73.26, or 0.29% of the shares, all valued at about 80219.0.