Sprint Corp (NYSE:S) share price soared 1.77% or 0.15 points to reach at $8.61 during previous trading session. The stock’s price fluctuated within the range of $8.46 – $8.63 during previous trading session. A total of 11.65M shares exchanged hands, whereas the company’s average trading volume stands at 18.16M shares. Sprint Corp (NYSE:S) has a market capitalization of $34.89B and most recently 3.98B outstanding shares have been calculated.
In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions.
Relative strength index (RSI-14) for Sprint Corp (NYSE:S) is at 54.85.
According to sentiments of 21 analysts the mean estimates of short term price target for the company’s stock is marked at $7.28. The most optimistic analyst sees the stock reaching $9 while the most conventional predicts the target price at $6.
According to sentiments of 21 analysts the company is expected to report revenues of $8.69B for the current quarter. Bearish revenue estimates established at $8.46B while the bullish revenue forecast has been figured out at $8.84B.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 3.25 on the shares of Sprint Corp (NYSE:S). Out of rating recommendations 2 have given the stock a Buy while 2 recommend the stock as Outperform. 15 have given the stock a Hold rating, 5 as Underperform and 4 as Sell.
On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. Sprint Corp (NYSE:S)’s distance from 20 day simple moving average is 0.53% whereas its distance from 50 day simple moving average is 8.65% along with 49.02% distance from 200 day simple moving average.
An important factor to consider when evaluating a stock’s current and future value are the 52 week price high and low levels. Sprint Corp (NYSE:S) shares were trading -4.33% below from the 52-week high mark of $9 and +294.95% above from the 52-week bottom of $2.18. The stock hit its 52-week high price on 1/5/17 and 52-week low price on 1/20/16.
When we have a peek on stock’s historical trends we come to know that, the stock has slipped -0.92% in the past one week and soared 3.99% during previous one month drive, the stock went up 27.18% during past quarter. In the last six months the stock’s performance soared 72.20% while yearly performance of the company advanced 169.91%.The company’s year to date (YTD) performance is at 2.26%.
While taking a glance at financials, we can look at a number of key indicators. Sprint Corp (NYSE:S) has a Return on Assets (ROA) of -2.30%. The company currently has a Return on Equity (ROE) of -9.30% and a Return on Investment (ROI) of 0.30%. Average true range (ATR-14) of the company sets at 0.26, along with its weekly and monthly volatility of 2.43%, 2.68% respectively.
The company’s quick ratio for most recent quarter is 0.60 along with current ratio for most recent quarter of 0.70. Total debt to equity ratio of the company for most recent quarter is 1.88 whereas long term debt to equity ratio for most recent quarter is 1.52.