Market Insights on Sphere 3D Corp (ANY)

Market Insights on Sphere 3D Corp (ANY)

Out of the analyst recommendations 0 rate Sphere 3D Corp (NASDAQ:ANY) stock a Buy, 0 rate the stock Outperform, 1 rate Hold, 0 rate Underperform and 0 recommend a Sell.

Many analysts are providing their Estimated Earnings analysis for Sphere 3D Corp. and for the current quarter 1 analysts have projected that the stock could give an Average Earnings estimate of $-0.06/share.

Sphere 3D Corp. (ANY) has a market capitalization of 17.66 Million which suggests the company is a huge company further suggesting that the shares of Sphere 3D Corp.

The Target Price for Sphere 3D Corp (NASDAQ:ANY) is $0/share according to the consensus analysis of analysts working on the stock. The stock exchanged hands 22.4 Million shares versus average trading capacity of 3.97 Million shares. The analysts, on average, are forecasting a $0.3 price target, but the stock is already up 55.45% from its recent lows. Leading up to this report, we have seen a -0.75% fall in the stock price over the last 30 days and a -22.97% decline over the past 3 months.

Some time back, Sphere 3D Corp was awarded a contract valued at ~$3M in which it was entrusted with the provision of a next-generation campus network and architecture that would facilitate a smooth evolution to Software-Defined Networking (SDN).It was to offer these services to an Independent School District (“ISD”) which was an existing customer of its HVE virtualization group and as a matter of fact it did a remarkable job. While the company’s share hit the 52 week high on 07/12/16 stationing the value of $0.95.

Consequently Sphere 3D Corp (NASDAQ:ANY)’s weekly and monthly volatility is 33.50%, 18.14% respectively. During the past three months the stock slid -22.97%, bringing six months performance to -52.5%.

The difference of 52 week low value as well as 52 week high value and the current price of the stock suggests the next move of the shares.

While taking a glance at financials, we can look at a number of key indicators.

The company shows its Return on Assets (ROA) value of -66.2%. The company now has a Return on Equity of -222% and a Return on Investment of -100.4%. While it’s Return on Investment (ROI) value is -100.4%.

On the other hand Sphere 3D Corp (NASDAQ:ANY) has Relative Strength Index (RSI 14) of 53.42 along with Average True Range (ATR 14) of 0.03.

However looking at valuation ratios the stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.

The Average Volume for 10 days is 14.77 Million for Sphere 3D Corp (NASDAQ:ANY). Over the years, the firm has been providing independent equity research and corporate access services to the wide range of both the small and mid-cap public companies.

The company’s quick ratio for most recent quarter is 0.3 along with current ratio for most recent quarter of 0.5.

According to Balance Sheet of ANY, Total cash on most recent quarter is 6.9 Million.