Sobr Safe Inc (NASDAQ:SOBR) price on Thursday, December 26, rose 27.37% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.21.
A look at the stock’s price movement, the close in the last trading session was $0.95, moving within a range at $0.9803 and $1.45. The beta value (5-Year monthly) was -0.308. Turning to its 52-week performance, $87.94 and $0.86 were the 52-week high and 52-week low respectively. Overall, SOBR moved -76.13% over the past month.
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Sobr Safe Inc’s market cap currently stands at around $1.12 million, with investors looking forward to this quarter’s earnings report slated for in January.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SOBR is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
SOBR’s current price about -63.73% and -75.50% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 26.97, while 7-day volatility ratio is 47.77% and 21.84% in the 30-day chart. Further, Sobr Safe Inc (SOBR) has a beta value of 0.25, and an average true range (ATR) of 0.63.
If we refocus on Sobr Safe Inc (NASDAQ:SOBR), historical trading data shows that trading volumes averaged 4.76 over the past 10 days and 1.23 million over the past 3 months. The company’s latest data on shares outstanding shows there are 0.92 million shares.
The 25.26% of Sobr Safe Inc’s shares are in the hands of company insiders while institutional holders own 1.02% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 93086.0 on 2024-10-31, giving us a short ratio of 0.08. The data shows that as of 2024-10-31 short interest in Sobr Safe Inc (SOBR) stood at 399.0 of shares outstanding, with shares short rising to 3304.0 registered in 2024-09-30. Current price change has pushed the stock -97.56% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SOBR stock continues to rise going into the next quarter.
