SciSparc Ltd (NASDAQ:SPRC) price on Wednesday, February 05, rose 4.42% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $0.42.
A look at the stock’s price movement, the close in the last trading session was $0.40, moving within a range at $0.4 and $0.567. The beta value (5-Year monthly) was 1.037. Turning to its 52-week performance, $6.78 and $0.20 were the 52-week high and 52-week low respectively. Overall, SPRC moved -20.33% over the past month.
SciSparc Ltd’s market cap currently stands at around $4.35 million, with investors looking forward to this quarter’s earnings report slated for in March.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SPRC is a 50% Buy. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
SPRC’s current price about -31.60% and -1.98% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 42.89, while 7-day volatility ratio is 20.46% and 26.14% in the 30-day chart. Further, SciSparc Ltd (SPRC) has a beta value of 0.78, and an average true range (ATR) of 0.12.
If we refocus on SciSparc Ltd (NASDAQ:SPRC), historical trading data shows that trading volumes averaged 0.6 over the past 10 days and 8.46 million over the past 3 months. The company’s latest data on shares outstanding shows there are 10.36 million shares.
The 0.00% of SciSparc Ltd’s shares are in the hands of company insiders while institutional holders own 1.73% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.29 million on 2025-01-15, giving us a short ratio of 0.01. The data shows that as of 2025-01-15 short interest in SciSparc Ltd (SPRC) stood at 271.0 of shares outstanding, with shares short rising to 0.16 million registered in 2024-12-13. Current price change has pushed the stock 16.83% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SPRC stock continues to rise going into the next quarter.
