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Ladenburg Thalmann initates Sphere 3D Corp (ANY) stock to a Buy

In a filing, Sphere 3D Corp revealed its CEO Trompeter Patricia unloaded Company’s shares for reported $42350.0 on Dec 13 ’24. In the deal valued at $1.21 per share,35,000 shares were sold. As a result of this transaction, Trompeter Patricia now holds 532,187 shares worth roughly $0.58 million.

Then, Trompeter Patricia bought 35,000 shares, generating $42,350 in total proceeds.

Before that, Trompeter Patricia sold 20,000 shares. Sphere 3D Corp shares valued at $26,200 were divested by the CEO at a price of $1.31 per share. As a result of the transaction, Trompeter Patricia now holds 597,187 shares, worth roughly $0.65 million.

Ladenburg Thalmann initiated its Sphere 3D Corp [ANY] rating to a Buy in a research note published on January 19, 2016; the price target was $3. A number of analysts have revised their coverage, including ROTH Capital’s analysts, who began to cover the stock in late June with a ‘”a Buy”‘ rating.

Price Performance Review of ANY

On Friday, Sphere 3D Corp [NASDAQ:ANY] saw its stock jump 7.92% to $1.09. Over the last five days, the stock has gained 4.81%. Sphere 3D Corp shares have risen nearly 15.44% since the year began. Nevertheless, the stocks have fallen -63.79% over the past one year. While a 52-week high of $3.43 was reached on 01/03/25, a 52-week low of $0.67 was recorded on 01/03/25. SMA at 50 days reached $1.2325, while 200 days put it at $1.0934.

Levels Of Support And Resistance For ANY Stock

The 24-hour chart illustrates a support level at 1.0014, which if violated will result in even more drops to 0.9127. On the upside, there is a resistance level at 1.1443. A further resistance level may holdings at 1.1985. The Relative Strength Index (RSI) on the 14-day chart is 47.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.0355, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.70%. Stochastics %K at 26.96% indicates the stock is a holding.

How much short interest is there in Sphere 3D Corp?

A steep rise in short interest was recorded in Sphere 3D Corp stocks on 2024-10-31, dropping by -0.26 million shares to a total of 0.56 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.82 million shares. There was a decline of -46.92%, which implies that there is a negative sentiment for the stock.

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