In the last trading session, 1.29 million Sphere 3D Corp (NASDAQ:ANY) shares changed hands as the company’s beta touched 3.26. With the company’s per share price at $0.67 changed hands at -$0.06 or -8.91% during last session, the market valuation stood at $17.60M. ANY’s last price was a discount, traded about -183.58% off its 52-week high of $1.90. The share price had its 52-week low at $0.36, which suggests the last value was 46.27% up since then. When we look at Sphere 3D Corp’s average trading volume, we note the 10-day average is 2.03 million shares, with the 3-month average coming to 724.80K.
Sphere 3D Corp (NASDAQ:ANY) trade information
Instantly ANY was in red as seen at the end of in last trading. With action -4.97%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -48.43%, with the 5-day performance at -4.97% in the red. However, in the 30-day time frame, Sphere 3D Corp (NASDAQ:ANY) is 0.76% up. Looking at the short shares, we see there were 0.46 million shares sold at short interest cover period of 0.86 days.
The consensus price target for the stock as assigned by Wall Street analysts is 3, meaning bulls need an upside of 77.67% from its current market value. According to analyst projections, ANY’s forecast low is 3 with 3 as the target high. To hit the forecast high, the stock’s price needs a -347.76% plunge from its current level, while the stock would need to soar -347.76% for it to hit the projected low.
Sphere 3D Corp (ANY) estimates and forecasts
Year-over-year growth is forecast to reach -12.98% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 4.6M. 1 analysts are of the opinion that Sphere 3D Corp’s revenue for the current quarter will be 5.3M. The company’s revenue for the corresponding quarters a year ago was 6.41M and 3.3M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -28.13%. The estimates for the next quarter sales put growth at 60.66%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 46.71%. The 2025 estimates are for Sphere 3D Corp earnings to decrease by -25.00%.
ANY Dividends
Sphere 3D Corp is expected to release its next quarterly earnings report on 2025-May-14.
Sphere 3D Corp (NASDAQ:ANY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 6.80% of Sphere 3D Corp shares while 11.19% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 12.01%. There are 11.19% institutions holding the Sphere 3D Corp stock share, with SUSQUEHANNA INTERNATIONAL GROUP, LLP the top institutional holder. As of 2024-06-30, the company held 3.2365% of the shares, roughly 0.61 million ANY shares worth $0.65 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 2.4051% or 0.45 million shares worth $0.49 million as of 2024-06-30.
