Safe Pro Group Inc (NASDAQ:SPAI) concluded the trading at $4.39 on Friday, November 29, with a rise of 10.86% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $3.96 with its price kept floating in the range of $3.95 and $4.4 on the day. Considering stock’s 52-week price range provides that SPAI hit a high price of $6.50 and saw its price falling to a low level of $1.56 during that period. Over a period of past 1-month, stock came adding 101.38% in its value.
With its current market valuation of $60.41 million, Safe Pro Group Inc is set to declare its quarterly results in December. Analysts are in estimates of 0 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0 for current year with estimates of that growing to 0 in next year.
Digging deeper we become aware of the PEG ratio of the SPAI stock which is currently positioned at 0. It further provides that stock’s current price level is 55.94% away from its 20-day simple moving average and is 68.61% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 69.76 while volatility remained at 19.47% over the past week which changes to 17.22% when measuring it over the past month. Average true range or ATR is currently at 0.64.
Having a second look at Safe Pro Group Inc (NASDAQ:SPAI) provides that stock’s average daily trading volume for 3 months was 1.67 million, while it jumped to 9781850 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 13.86 million.
The percentage of outstanding shares held by the insiders is 58.57% while it is 0.81% for the institutional holders. In October the standing of shares short improved as it was 0.14 million in the previous month. Addition of 2.81% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
