Is SPI Energy (USA Stocks:SPI) moving to revert?
 | By Vlad Skutelnik | Macroaxis Story |
In the world of investing, what goes up must come down, and SPI Energy Co (NASDAQ: SPI) is currently experiencing that reality. Despite a broader market rally, SPI has seen a dip of over 2%, raising questions among investors about whether this represents a buying opportunity. The stock is trading at around $0.33, significantly below its 52-week high of $1.26. With a net loss from continuing operations of 25 million and an operating income loss of 13.3 million, concerns about the company's financial health are palpable. The stock's 50-day moving average stands at $0.37, indicating potential resistance ahead. As analysts maintain a consensus rating of "Hold," investors must weigh the risks against the potential for recovery in this volatile sector. With a market value of $0.33 and a beta of 0.714, SPI's movements are less erratic than some peers, but the question remains: is this the right moment to dive in? While many traders are fixated on the semiconductor sector, it's worth taking a closer look at SPI Energy Co in light of current market trends. As we've noted before, SPI Energy appears to be on a downward trajectory as traders adopt a more bearish outlook amid rising sector volatility. The stock's price swings largely reflect broader market movements. Additionally, mixed signals from the company's fundamentals could indicate potential long-term losses for investors. Keep an eye on SPI Energy, as the company is set to announce its earnings tomorrow, which could further impact its stock performance.
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Reviewed by Rifka Kats
SPI Energy Co (NASDAQ: SPI) has recently experienced a dip of over 2%, even as broader market indices show strength. With a current price around $0.33 and a Wall Street target price of $1.25, investors may see this pullback as a potential buying opportunity. The company's total risk alpha stands at -1.38, indicating higher volatility relative to the market, while the accumulation distribution suggests some buying interest despite the recent decline. Given the solar industry's growth potential and SPI's low price-to-book ratio of 0.84, this might be a moment to consider entering the stock before it rebounds.
Key Takeaways
SPI Energy currently holds an average rating of "Hold" from one analyst. This consensus is likely influenced by technical analysis, which examines price trends and market sentiment to gauge future value. Notably, about 20% of SPI's outstanding shares are owned by corporate insiders, suggesting confidence in the company. The price-to-book ratio stands at 0.84, indicating that SPI may have the potential to outperform the market over time. However, the company reported a loss of $0.96 per share. It's worth mentioning that SPI Energy last issued a dividend on November 16, 2018, the same day it underwent a 1-for-10 stock split.
Using predictive technical analysis, we can analyze different prices and returns patterns and diagnose historical swings to determine the real value of SPI Energy Co. In general, sophisticated investors focus on analyzing SPI Energy stock price patterns and their correlations with different microeconomic environment and drivers. They apply predictive analytics to build SPI Energy's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of SPI Energy's intrinsic value. In addition to deriving basic predictive indicators for SPI Energy, many experienced traders also check how macroeconomic factors affect SPI Energy price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Watch out for price decline
Please consider monitoring SPI Energy on a daily basis if you are holding a position in it. SPI Energy is trading at a penny-stock level, and the possibility of delisting is much higher compared to other stocks. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as SPI Energy stock to be traded above the $1 level to remain listed. If SPI Energy stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.
How does SPI Stands against Peers?
Analyzing SPI Energy competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to SPI Energy across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be. Check out SPI Energy Competition DetailsSPI Energy Gross Profit
SPI Energy Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing SPI Energy previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show SPI Energy Gross Profit growth over the last 10 years. Please check SPI Energy's gross profit and other fundamental indicators for more details.
Going after SPI Financials
The entity has a beta of 1.9172. As returns on the market increase, SPI Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPI Energy is expected to be smaller as well. The beta indicator helps investors understand whether SPI Energy moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if SPI deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The firm reported the last year's revenue of 209.53 M.Reported Net Loss for the year was (24.7 M) with profit before taxes, overhead, and interest of 14.48 M. "Opportunities don't happen, you create them." – Chris Grosser. SPI Energy Co (NASDAQ: SPI) is currently experiencing a dip of over 2% even as the broader market rallies, raising questions about whether this presents a buying opportunity. With a market capitalization of just $10.51 million and a current ratio of 0.51X, the company is under pressure, particularly given its losses of 24.7 million in net income and 13.3 million in operating income. The stock is trading well below its 52-week high of 1.26, and with a Wall Street target price of 1.25, investors may find value at these levels. However, caution is warranted due to the high probability of bankruptcy at 87.09%, which could overshadow any potential upside..
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