SciSparc Ltd. (NASDAQ: SPRC) stock fell -6.33% on Monday to $0.15 against a previous-day closing price of $0.16. With 0.25 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.78 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $0.1586 whereas the lowest price it dropped to was $0.1480. The 52-week range on SPRC shows that it touched its highest point at $1.59 and its lowest point at $0.14 during that stretch. Beta for the stock currently stands at 1.39.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SPRC was down-trending over the past week, with a drop of -0.67%, but this was down by -13.95% over a month. Three-month performance dropped to -72.59% while six-month performance fell -72.60%. The stock lost -81.93% in the past year, while it has lost -80.41% so far this year.
Float and Shares Shorts:
At present, 13.87 million SPRC shares are outstanding with a float of 13.75 million shares on hand for trading. On Aug 30, 2023, short shares totaled 0.19 million, which was 1.49% higher than short shares on Jul 30, 2023. In addition to Mr. Oz Adler CPA as the firm’s CEO & CFO, Mr. Itschak Shrem serves as its Pres & Director.
Through their ownership of 3.46% of SPRC’s outstanding shares, institutional investors have minority control over the company. Other institutions hold — of SPRC, in contrast to — held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in SPRC with 0.88% of the stake, Excellence Investments Ltd. holds 113,156 shares worth 113,156. A second-largest stockholder of SPRC, HRT Financial LLC, holds 22,363 shares, controlling over 0.17% of the firm’s shares. Two Sigma Securities LLC is the third largest shareholder in SPRC, holding 21,649 shares or 0.17% stake.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SPRC since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.