SPI Energy Co Ltd (NASDAQ:SPI) traded at $0.39 at close of the session on Friday, December 13 and made an upward move of 10.57% on its previous day’s price.
Looking at the stock we see that its previous close was $0.35 and the beta (5Y monthly) reads 0.722 with the day’s price range being $0.352 – $0.428. In terms of its 52-week price range, SPI has a high of $1.26 and a low of $0.27. The company’s stock has gained about 20.94% over that past 30 days.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
SPI Energy Co Ltd has a market cap of $12.23 million and is expected to release its quarterly earnings report in January.
On the other hand, looking at the outlook for the SPI stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell.
Looking further, we note the current price level is 22.02% off its SMA20 and -3.78% from its 50-day simple moving average. The RSI (14) is pointing at 59.90 while the volatility over the past week is 10.93% and jumps to 7.75% over the past one month. The beta value is 0.68, while the average true range (ATR) is currently pointing at 0.03. The average price target for the stock over the next 12 months is $7, with the estimates having a low of $7 and a high of $7. These price ends are -1694.87% and -1694.87% off the current price level respectively, although investors could be excited at the prospect of a -1694.87% if the SPI share price touches on the median price of $7.
Coming back to SPI Energy Co Ltd (NASDAQ:SPI), we note that the average 3-month trading volume was 499.43K, while that of the preceding 10-day period stands at 5.02 million. Current shares outstanding are 31.60 million.
The insiders hold 26.53% of the company’s shares while institutions hold 1.78%. The data shows that short shares as of 2024-11-29, stood at 0.15 million at a short ratio of 0.71. Shares short rose in November from the previous month at 0.13 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -50.51% down in year-to-date price movement.
