The trading price of Safe Pro Group Inc (NASDAQ:SPAI) floating lower at last check on current market day and closing at $4.33, -3.34% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $4.05 and $4.6. In examining the 52-week price action we see that the stock hit a 52-week high of $6.50 and a 52-week low of $1.56. Over the past month, the stock has gained 9.35% in value.
Safe Pro Group Inc, whose market valuation is $60.25 million at the time of this writing, is expected to release its quarterly earnings report in January. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
A quick review shows that SPAI’s price is currently 8.27% off the SMA20 and 37.26% off the SMA50. The RSI metric on the 14-day chart is currently showing 58.02, and weekly volatility stands at 14.02%. When measured over the past 30 days, the indicator reaches 15.90%. Safe Pro Group Inc (NASDAQ:SPAI)’s beta value is currently sitting at 0, while the Average True Range indicator is currently displaying 0.60.
To see how Safe Pro Group Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: SPAI stock’s performance was -3.34% in the latest trading.
An evaluation of the daily trading volume of Safe Pro Group Inc (NASDAQ:SPAI) indicates that the 3-month average is 1.80 million. However, this figure has increased over the past 10 days to an average of 0.39.
Currently, records show that 13.86 million of the company’s shares remain outstanding. The insiders hold 56.78% of outstanding shares, whereasinstitutions hold 0.81%. The stats also highlight that short interest as of 2024-10-31, stood at 2694.0 shares, resulting in a short ratio of 0.22 at that time. It is noteworthy that short shares in October were down slightly from the previous month’s figure, which was 0.14 million. However, since the stock’s price has seen 1.41% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
