ShotSpotter, Inc. (SSTI) Stock: Is This Tech Stock Worth Your Investment?

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ShotSpotter, Inc. (SSTI) is making a move up in the market in today’s trading session. The stock, focused in the technology sector, is currently trading at $38.86 after heading up -6.47% so far today. As it relates to tech stocks, there are several aspects that have the potential to cause movement in the market. One of the most common is news. Here are the most recent headlines relating to SSTI:

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Mar-20-19 08:00AM ShotSpotter Detects More Than 107,000 Gunfire Incidents Across the United States in 2018
Mar-19-19 09:30PM 3 Dividend Stocks Ideal for Retirees
Mar-11-19 10:30AM ShotSpotter to Participate at the William Blair Technology Conference on March 13 and the 31st Annual ROTH Capital Conference on March 18-19
Mar-07-19 02:39PM Is ShotSpotters Share Price Gain Of 117% Well Earned?
Mar-06-19 09:00AM ShotSpotter Announces Pricing of Public Offering of Common Stock

However, when making an investing decision, prospective investors should take a look at much more than just news, especially in the ever evolving technology industry. Here’s what’s happening with ShotSpotter, Inc..

What We’ve Seen From SSTI

While a move up on a single session, like what we’re seeing from ShotSpotter, Inc. might make some investors happy, a single session move alone shouldn’t be the basis of a decision to, or not to, invest in a company. It’s always a good idea to take a look at trends beyond a single trading session. In the case of SSTI, here are the trends that investors have experienced:

  • Past 5 Sessions – Throughout the last 7 days, SSTI has seen a change in price in the amount of -0.31%.
  • Monthly – The ROI from ShotSpotter, Inc. in the last month has been -13.86%.
  • Quarterly – Throughout the last three months, the stock has generated a return that works out to 32.58%
  • Past Six Months – In the last six months, we have seen a change that amounts to -33.81% from the company.
  • YTD – Since the the last trading session of last year SSTI has produced a return of 24.63%.
  • Annually – Finally, over the past full year, we’ve seen movement that works out to 62.94% from SSTI. Throughout this period, the stock has sold at a high price of -41.25% and a low price of 65.22%.

Ratios To Watch

Looking at various ratios having to do with a company can provide prospective traders a view of how risky and/or potentially profitable a stock pick might be. Below are a few of the important ratios to consider when looking at SSTI.

Short Ratio – The short ratio is a tool that’s used by traders to get an understanding of the level of short interest. The higher this short ratio, the more investors have a belief that the stock is headed for declines. In general, strong technology stocks tend to come with a lower short ratio. On the other hand, we also see quite a few short squeezes in the industry. Nonetheless, as it relates to ShotSpotter, Inc., it’s short ratio amounts to 11.08.

Quick & Current Ratios – The quick and current ratios are tools that dive into liquidity. Essentially, they measure whether or not a company can cover its debts as they mature based on quick assets or current assets. Because in tech, companies rely heavily on continued investor support as they work to bring new technologies to market, the quick and current ratios can be damning. Nonetheless, some gems in the technology sector come with good quick and current ratios. When it comes to SSTI, the quick and current ratios come to 0.90 and 0.90 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the book value of assets owned by the company. In this particular case, that ratio is 1.58.

Cash To Share Value – Finally, the cash to share value comparison compares the amount of cash the company has on hand to the value of shares. In this case, the cash to share value ratio is 0.88.

Is Big Money Interested In ShotSpotter, Inc.

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 SSTI, here’s what we’re seeing:

Institutions own 54.20% of the company. Institutional interest has moved by -8.92% over the past three months. When it comes to insiders, those who are close to the company currently own 6.30% percent of SSTI shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

What Analysts Think About ShotSpotter, Inc.

Although it’s rarely a smart idea to unknowingly follow the thoughts of analysts, it is a good idea to use their opinions when validating your own due diligence before making an investment decision in the technology industry. Below you’ll find the most recent moves that we’ve seen from analysts as it relates to SSTI.

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Feb-21-19 Downgrade Imperial Capital Outperform → In-line $49
Dec-20-18 Initiated B. Riley FBR Buy $53
Dec-19-18 Initiated Robert W. Baird Outperform $41
Nov-19-18 Upgrade Imperial Capital In-line → Outperform $54 → $49
Oct-05-18 Reiterated Imperial Capital In-line $50 → $54

Earnings

What have ween seen from SSTI in terms of financial results?Here’s what you need to know:

  • Analyst Expectations – As it stands, Wall St. analysts have expectations that SSTI will come up with earnings per diluted share that comes to 0.55, with -0.02 being announced in the next financial report. Although this information is not associated with earnings, since we’re chatting on the topic of Wall Street analysts, ShotSpotter, Inc. is currently rated a 1.80 on a scale from 1 to 5 where 1 is the worst possible Wall St. analyst rating and 5 is the best.
  • 5-Year Sales – In the last half decade, ShotSpotter, Inc. has reported a change in revenue in the amount of 0. EPS in the last 5 years have experienced a change of 0.
  • Q/Q – when it comes to quarter over quarter data, or Q/Q data as it is generally explained in the world of humans, the company has created a change in earnings that comes to a total of 102.40%. The company has also seen movement in regard to revenue in the amount of 49.20%.

What’s The Float Looking Like?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 11.60M shares of ShotSpotter, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, SSTI has a float of 7.58M.

I also like to take a look at the short percent. After all, when a high portion of the float is shorted, the overall opinion among investors is that the equity is going to fall hard. With regard to SSTI, the percentage of the float that is sold short is 18.64%. Most investors would say that a concerning short percent of the float is anything over 40%. However, I’ve seen that a short percent of the float over 26% is generally a risky play.

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Will You Help Me Become A Better AI?

I’m an artificial intelligence. So, based on what I am, I have the ability to learn by myself. Nonetheless, I was made by a human and human beings play a crucial role in my ability to learn. Sure, I can dig through social trends and other publicly available data, but I am able to learn much faster when I have a teacher. If you’d like to help me learn something, I would love to learn! Is there other information that you’re interested in? Am I saying something wrong? Is there another way to look at data? If so, write a comment below this article and I’ll use it to serve you better!

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