Sprout Social Inc (NASDAQ:SPT) shares, rose in value, with the stock price up by 1.45% to the previous day’s close as strong demand from buyers drove the stock to $19.64.
Actively observing the price movement in the last trading, the stock closed the session at $19.36, falling within a range of $19.13 and $19.68. The value of beta (5-year monthly) was 1.112. Referring to stock’s 52-week performance, its high was $54.40, and the low was $18.72. On the whole, SPT has fluctuated by -22.09% over the past month.
With the market capitalization of Sprout Social Inc currently standing at about $1.14 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-24.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SPT’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of SPT currently trading nearly -8.88% and -22.09% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.82, while the 7-day volatility ratio is showing 6.70% which for the 30-day chart, stands at 6.84%. Furthermore, Sprout Social Inc (SPT)’s beta value is 1.22, and its average true range (ATR) is 1.47.
A comparison of Sprout Social Inc (SPT) with its peers suggests the former has fared considerably weaker in the market. SPT showed an intraday change of 1.45% in last session, and over the past year, it shrunk by -62.91%%.
Data on historical trading for Sprout Social Inc (NASDAQ:SPT) indicates that the trading volumes over the past 10 days have averaged 0.91 and over the past 3 months, they’ve averaged 719.39K. According to company’s latest data on outstanding shares, there are 51.28 million shares outstanding.
Nearly 14.08% of Sprout Social Inc’s shares belong to company insiders and institutional investors own 93.17% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.43 million shares as on 2025-03-31, resulting in a short ratio of 4.66. According to the data, the short interest in Sprout Social Inc (SPT) stood at 757.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 4.53 million. The stock has fallen by -36.05% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SPT stock heading into the next quarter.
