What’s Spire Global Inc. (SPIR)’s Price to Earnings Ratio?

Spire Global Inc. (NYSE:SPIR) saw a downside of -43.34% to close Friday at $7.10 after subtracting -$5.43 on the day. The 5-day average trading volume is 3,057,240 shares of the company’s common stock. It has gained $14.86 in the past week. An average of 2,743,050 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,318,574.

SPIR’s 1-month performance is -28.36% or -$2.81 on its low of $6.66 reached on 10/01/21. The company’s shares have touched a 52-week low of $8.27 and high of $19.50. YTD, SPIR has lost -29.07% or -$2.91. However, the current price is down -63.59%% from the 52-week high price.


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Valuation Metrics

Spire Global Inc. (SPIR) has a trailing price-to-earnings (P/E) ratio of 24.79 for the broader industry and 28.42 for the sector, meaning that investors are optimistic about the stock’s future prospects.SPIR stock has a beta of 0.00. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 1.08.

Spire Global Inc.’s quick ratio for the recent quarter was 0.30, with the current ratio over the same period at 0.30 meaning that SPIR stock is able to fulfill its debt obligations. The firm’s gross profit as reported stood at $2.51 million against revenue of $14.58 million.

Earnings Surprise

Net income and sales went down compared to those figures reported in the previous quarter. EBITDA for the quarter stood at more than -$0.76 million. SPIR stock balance sheet for the recent quarter shows that total liabilities totaled 15.61 million, with total debt at $130.02 million. Shareholders hold equity totaling $9.21 million

Technical Picture

Let’s look briefly at Spire Global Inc. (SPIR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 01 October was 31.33% to suggest the stock is trending Neutral, with historical volatility in this time period at 342.15%.

The stock’s 5-day moving average is $12.01, reflecting a -48.74% or -$6.75 change from its current price. SPIR is currently trading -22.66% above its 20-day SMA, -28.06% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -28.57% and -29.35% respectively.

Stochastic %K and %D was 22.29% and 34.25% and the average true range (ATR) pointed at 2.64. The RSI (14) points at 37.13%, while the 14-day stochastic is at 3.43% with the period’s ATR at 2.25. The stock’s 9-day MACD Oscillator is pointing at -3.00 and -2.22 on the 14-day charts.

Analyst Ratings

Analysts offering their rating for SPIR stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate SPIR as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.

What is SPIR’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $12.00 and a high of $20.00, with their median price target at $16.00. Looking at these predictions, the average price target given by analysts is for Spire Global Inc. (SPIR) stock is $16.00.

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