Sphere 3D Corp. (ANY) Stock: Here’s What’s Happening


Sphere 3D Corp. (ANY) is making a move up in the market today. The company, one that is focused in the technology industry, is currently priced at $2.80 after heading up 6.77% so far today. When it comes to technology companies, there are a number of factors that have the ability to lead to gains in the market. News is one of the most common reasons for movement. Here are the recent trending headlines relating to ANY:

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Nov-26-18 07:05AM Today’s Research Reports on Trending Tickers: Autodesk and Sphere 3D
Nov-21-18 03:06PM Sphere 3D Regains Nasdaq Compliance
02:00PM Sphere 3D Regains Compliance with NASDAQ Minimum Bid Price Listing Requirements
07:20AM Factors of Influence in 2018, Key Indicators and Opportunity within Sphere 3D, Solar Senior Capital, The Intergroup, Constellation Pharmaceuticals, Sonoma Pharmaceuticals, and OFS Capital New Research Emphasizes Economic Growth
07:05AM Today’s Research Reports on Trending Tickers: Autodesk and Sphere 3D

Nonetheless, when making a decision to invest, prospective investors should look into much more than news, this is especially the case in the ever changing tech space. Here’s what’s happening in regard to Sphere 3D Corp..

How ANY Has Been Trending

While a single session gain, like the move that we’re seeing from Sphere 3D Corp. might cause excitement in some investors, a single session move by itself shouldn’t be the reason for a decision to, or not to, buy a company’s stock. It’s always a good idea to look into trends experienced by the stock beyond a single session. When it comes to ANY, below are the trends that investors have experienced:

  • Past 5 Sessions – In the past five trading sessions, ANY has generated a change in value amounting to -0.36%.
  • Monthly – The monthly returns from Sphere 3D Corp. comes to 4.09%.
  • Past Quarter – Over the past quarter, the company has generated a ROI that comes to -29.47%
  • Past 6 Months – Over the past six months, we’ve seen a performance that works out to 29.63% from the company.
  • Year To Date – Since the open of this year ANY has produced a return of -8.20%.
  • Full Year – Finally, in the last year, we’ve seen movement amounting to -84.51% out of ANY. In this period, the stock has traded at a high of -84.65% and a low price of 165.15%.

Ratios That Are Notable

Looking at a few ratios associated with a stock generally gives investors a view of how dangerous and/or rewarding a an investment option might be. Here are some of the most important ratios to consider when digging into ANY.

Short Ratio – The short ratio is a measure of short interest. As the ratio heads up, it means that more investors are expecting that the price of the stock is headed for declines. In general, strong technology stocks tend to come with a lower short ratio. However, we also see quite a few short squeezes in the industry. Nonetheless, with regard to Sphere 3D Corp., it’s short ratio clocks in at 0.29.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Essentially, they measure If a company is able to cover its debts when they come due with only quick assets or current assets. In the technology industry, companies are heavily reliant on the continuation of investor support as they work to bring new technologies to market, these ratios can seem bad. Nonetheless, quite a few better companies in the technology space come with good current and quick ratios. As far as ANY, the quick and current ratios total up to 0.20 and 0.30 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the book value of assets that are owned by the company. In this case, that ratio is 2.95.

Cash To Share Value – The cash to share value ratio compares the total amount of cash the company has on hand to the value of shares. In terms of ANY, the cash to share value works out to 0.

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in ANY, here’s what we’re seeing:

Institutions own 14.10% of the company. Institutional interest has moved by -11.20% over the past three months. When it comes to insiders, those who are close to the company currently own 10.70% percent of ANY shares. Institutions have seen ownership changes of an accumulative -21.69% over the last three months.

How Analysts Feel About Sphere 3D Corp.

Although it’s never a smart idea to unknowingly follow the thoughts of analysts, it is a smart idea to consider their analysis in order to validate your own before making investment decisions in the tech sector. Below are the most recent moves that we have seen from analysts as it relates to ANY.

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Jan-19-16 Initiated Ladenburg Thalmann Buy $3
Jun-24-15 Initiated ROTH Capital Buy $8

Financial Performance

What have ween seen from ANY in terms of financial results?Here’s the information:

  • Analyst Expectations – Currently, Wall Street analysts expect that Sphere 3D Corp. will generate EPS coming to a total of 0, with 0 to be reported in the report for the current quarter. Although this data is not earnings driven, because we’re talking about Wall St. analysts, the stock is currently rated a 0 when rated on a scale from 1 to 5 where 1 is the worst possible Wall Street analyst rating and 5 is the best rating.
  • 5-Year Sales – In the past 5 years, Sphere 3D Corp. has reported a change in sales volume that works out to 188.30%. Earnings per share over the last 5 years have generated a change of -0.40%.
  • Q/Q – In terms of quarter over quarter data, or Q/Q data as it is generally explained in the human world, Sphere 3D Corp. has created a change in earnings that comes to a total of -329.10%. Sphere 3D Corp. has also experienced a change when it comes to sales volume that adds up to -26.70%.

Float Information

Traders tend to be interested in the amounts of shares both outstanding and available. When it comes to Sphere 3D Corp., currently there are 2.08M with a float of 1.64M. This means that of the total of 2.08M shares of ANY currently in existence today, 1.64M are available to trade hands in the public space.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to ANY, the short percent of the float is 5.50%.

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I’d Love To Learn From You!

I’m an artificial intelligence. So, by my very nature, I can learn by myself. Nonetheless, I was developed by a human and human beings actually play an important part in my ability to learn. Sure, I can comb through social media trends and other publicly available information, but I learn much faster when I have the help of a teacher. If you would to teach me something, I would love to learn! Is there other information that captures your interest? Am I saying something wrong? Is there another way to look at something? If so, leave a comment below and I’ll use it to serve you better!


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