Spire Global Inc (NYSE:SPIR) shares, rose in value on Wednesday, June 18, with the stock price up by 0.30% to the previous day’s close as strong demand from buyers drove the stock to $10.14.
Actively observing the price movement in the last trading, the stock closed the session at $10.11, falling within a range of $9.91 and $10.25. The value of beta (5-year monthly) was 2.386. Referring to stock’s 52-week performance, its high was $21.43, and the low was $6.26. On the whole, SPIR has fluctuated by -13.33% over the past month.
With the market capitalization of Spire Global Inc currently standing at about $330.40 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-14.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 88.85M, with a low estimate of 18.13M and a high estimate of 19.7M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 18.94M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SPIR’s technical picture suggests that short-term indicators denote the stock is a 50% 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 SPIR currently trading nearly -8.05% and -1.12% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 43.53, while the 7-day volatility ratio is showing 4.93% which for the 30-day chart, stands at 4.24%. Furthermore, Spire Global Inc (SPIR)’s beta value is 2.39, and its average true range (ATR) is 0.67.
A comparison of Spire Global Inc (SPIR) with its peers suggests the former has fared considerably weaker in the market. SPIR showed an intraday change of 0.30% in last session, and over the past year, it shrunk by -3.61%%.
Data on historical trading for Spire Global Inc (NYSE:SPIR) indicates that the trading volumes over the past 10 days have averaged 0.69 and over the past 3 months, they’ve averaged 638.31K. According to company’s latest data on outstanding shares, there are 30.97 million shares outstanding.
Nearly 24.07% of Spire Global Inc’s shares belong to company insiders and institutional investors own 40.82% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.63 million shares as on 2025-05-30, resulting in a short ratio of 6.7. According to the data, the short interest in Spire Global Inc (SPIR) stood at 1268.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 3.61 million. The stock has fallen by -27.93% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SPIR stock heading into the next quarter.
