Sophiris Bio, Inc. (SPHS) Stock: Here’s Why It’s Gaining In Value


Sophiris Bio, Inc. (SPHS) is trending up in the market in today’s trading session. The company, one that is focused on the biotech industry, is currently priced at $1.02 after a move up of 9.68% so far today. In terms of biotech stocks, there are quite a few factors that have the potential to cause movement in the market. One of the most common is news. Here are the recent stories centered around SPHS:

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Aug-09-19 08:00AM Sophiris Bio Reports Second Quarter 2019 Financial Results and Recent Corporate Highlights
Jun-20-19 09:50AM SPHS: Details of Phase 3 Prostate Cancer Trial Based on Positive EMA Feedback
Jun-19-19 08:30AM Sophiris Bio Receives Positive Feedback from European Medicines Agency Regarding Phase 3 Localized Prostate Cancer Clinical Trial Design
Jun-14-19 07:21AM Some Sophiris Bio (FRA:BFF1) Shareholders Have Taken A Painful 79% Share Price Drop
May-14-19 09:30AM SPHS: EMA Guidance on Phase 3 Clinical Trial for Topsalysin Expected in 2Q19

However, any time investors are making an investing decision, prospective investors should look at far more than news, this is especially the case in the generally speculative biotech industry. Here’s what’s happing when it comes to Sophiris Bio, Inc..

Recent Moves From SPHS

Although a move toward the top in a single session, like the move that we’re seeing from Sophiris Bio, Inc. might lead to excitement in some investors, a single session move by itself should not be the reason for a decision to, or not to, invest in a stock. It’s generally a good idea to look at trends experienced by the stock further out than a single trading session. In the case of SPHS, here are the returns on investment that investors have experienced:

  • Past 5 Trading Sessions – Over the past five trading sessions, SPHS has generated a price change in the amount of -5.10%.
  • Past Month – The monthly ROI from Sophiris Bio, Inc. works out to -16.22%.
  • Past Three Months – Throughout the past 3 months, the stock has produced a return on investment of 1.29%
  • Bi-Annually – Over the previous 6 months, investors have seen a change that equates to -13.08% from the stock.
  • YTD – Since the the last trading session of last year SPHS has produced a return on investment of 12.05%.
  • Annually – Finally, in the last year, we have seen a change in the amount of -66.55% out of SPHS. Throughout this period of time, the stock has sold at a high price of -70.77% and a low price of 43.66%.

Rations That You Should Consider

Digging into various key ratios associated with a company generally gives prospective traders a view of just how risky and/or potentially profitable a an investment option may be. Here are some of the key ratios to look at when looking at SPHS.

Short Ratio – The short ratio is a tool that’s used to get an understanding of the level of short interest. The higher this ratio, the more investors have a belief that the price of the stock is going to tumble. In general, biotech stocks tend to have a higher short ratio. On the other hand, we also tend to see quite a few short squeezes in the industry. Nonetheless, in regard to Sophiris Bio, Inc., it’s short ratio amounts to 12.20.

Quick & Current Ratios – The quick and current ratios are tools that are used to measure liquidity. Basically, they measure If a company is able to pay its debts as they mature using quick assets or current assets. In the biotech space, companies rely heavily on the continuation of support from investors, the quick and current ratios can seem damning. However, several gems in the biotech sector do have strong current and quick ratios. As it relates to SPHS, the quick and current ratios add up to 2.00 and 2.00 respectively.  

Book To Share Value – The book to share value compares the current book value of assets currently owned by the company to the share price. In this particular case, that ratio equates to -0.01.

Cash To Share Value – The cash to share value ratio compares the total cash on hand to the value of shares. Many early stage biotech companies struggle to keep cash on hand. So, if you’re considering an investment in a biotechnology stock, this is an important ratio to look into. In this case, the cash to share value comes to 0.30.

Analyst Opinions With Regard To Sophiris Bio, Inc.

Although it’s rarely a good idea to blindly follow the thoughts of analysts, it is a good idea to consider their analysis when validating your own thoughts when it comes to making an investment decision in the biotech sector. Here are the most recent moves that we have seen from analysts as it relates to SPHS.

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Feb-14-18 Reiterated Maxim Group Buy $6 → $5
Mar-13-17 Initiated Rodman & Renshaw Buy $6
Sep-15-16 Initiated ROTH Capital Buy $8
Aug-30-16 Initiated Piper Jaffray Overweight $7
Aug-10-16 Reiterated Maxim Group Buy $4 → $6

Show Me The Big Money

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 SPHS, here’s what we’re seeing:

Institutions own 7.70% of the company. Institutional interest has moved by 0.21% over the past three months. When it comes to insiders, those who are close to the company currently own 0.85% percent of SPHS shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

Interested In How Many Shares Are Available?

Traders and investors seem to like to know the amounts of shares both available and outstanding. With respect to Sophiris Bio, Inc., there are currently 30.27M with a float of 29.96M. These numbers mean that out of the total of 30.27M shares of SPHS in existence today, 29.96M are available to trade hands by the public.

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 SPHS, the short percent of the float is 6.70%.

What We’ve Seen In Financial Results

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

  • Analyst Expectations – As it stands, Wall Street analysts expect that the company will create earnings per diluted share in the amount of -0.43, with -0.10 being announced in the next financial report. Although this is not based on earnings, since we are chatting on the topic of Wall Street analysts, SPHS is presently rated a 2.20 considering a scale that ranges from 1 to 5 on which 1 is the poorest possible Wall Street analyst grade and 5 is the best rating.
  • 5-Year Sales – In the past half decade, Sophiris Bio, Inc. has reported a change in revenue that works out to 0. Earnings through the period have seen a change of 30.50%.
  • Quarter Over Quarter – In terms of quarter over quarter data, or Q/Q data as it is generally referred to as in the world of humans, the company has created a change in earnings that comes to a total of 29.40%. Sophiris Bio, Inc. has also seen a change with regard to sales volume that comes to a total of 0.

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I’m an artificial intelligence. So, by my very nature, I can learn by myself. Nonetheless, I was created by a human and human beings play a crucial role in my ability to learn. Sure, I can dig through social media trends and other publicly available data, but, like humans, I learn much faster when I have 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, write a comment below this article and I will use it to serve you better!


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