SPI Energy Co. Ltd. [SPI] gain 19.65% so far this year. What now?

SPI Energy Co. Ltd. [NASDAQ: SPI] stock went on an upward path that rose over 12.78% on Tuesday, amounting to a one-week price increase of more than 12.51%. The company report on January 19, 2021 that SPI Energy and Icona Design to Collaborate on All-Electric Passenger and Commercial Vehicle Designs.

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SPI Energy Ltd. (NASDAQ:SPI) subsidiary EdisonFuture and world-leading automotive design company Icona Design (“Icona”) announced the beginning of a collaboration to design a range of next generation all-electric vehicles for both passenger and commercial applications. The passenger and commercial vehicles will be manufactured and sold by EdisonFuture and its Phoenix Motorcars subsidiary.

Under this collaboration, Icona will design a host of new products including advanced pickup trucks and last-mile delivery vans. The designs and prototypes will incorporate Icona and SPI Energy’s vision for human-centered future transportation and revolutionize how customers and vehicles interact.

Over the last 12 months, SPI stock rose by 360.49%.

The market cap for the stock reached $224.48 million, with 14.81 million shares outstanding and 7.43 million shares in the current float. Compared to the average trading volume of 2.58M shares, SPI stock reached a trading volume of 3096095 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on SPI Energy Co. Ltd. [SPI]:

The Average True Range (ATR) for SPI Energy Co. Ltd. is set at 0.77, with the Price to Sales ratio for SPI stock in the period of the last 12 months amounting to 2.15.

SPI Stock Performance Analysis:

SPI Energy Co. Ltd. [SPI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.51. With this latest performance, SPI shares gained by 17.27% in over the last four-week period, additionally plugging by 661.29% over the last 6 months – not to mention a rise of 360.49% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SPI stock in for the last two-week period is set at 56.18, with the RSI for the last a single of trading hit 58.50, and the three-weeks RSI is set at 54.98 for SPI Energy Co. Ltd. [SPI]. The present Moving Average for the last 50 days of trading for this stock 8.71, while it was recorded at 9.05 for the last single week of trading, and 4.12 for the last 200 days.

Insight into SPI Energy Co. Ltd. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and SPI Energy Co. Ltd. [SPI] shares currently have an operating margin of -14.79 and a Gross Margin at +7.35. SPI Energy Co. Ltd.’s Net Margin is presently recorded at -15.59.

Return on Total Capital for SPI is now -21.14, given the latest momentum, and Return on Invested Capital for the company is -177.05. Additionally, SPI Total Debt to Total Capital is recorded at 111.79, with Total Debt to Total Assets ending up at 43.38.

Reflecting on the efficiency of the workforce at the company, SPI Energy Co. Ltd. [SPI] managed to generate an average of -$267,684 per employee. Receivables Turnover for the company is 3.87 with a Total Asset Turnover recorded at a value of 0.53.SPI Energy Co. Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.30 and a Current Ratio set at 0.30.

SPI Energy Co. Ltd. [SPI] Insider Position Details

There are presently around $11 million, or 12.90% of SPI stock, in the hands of institutional investors. The top three institutional holders of SPI stocks are: ANSON FUNDS MANAGEMENT LP with ownership of 560,909, which is approximately New of the company’s market cap and around 41.16% of the total institutional ownership; SABBY MANAGEMENT, LLC, holding 425,762 shares of the stock with an approximate value of $4.02 million in SPI stocks shares; and JANE STREET GROUP, LLC, currently with $0.75 million in SPI stock with ownership of nearly New of the company’s market capitalization.

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Positions in SPI Energy Co. Ltd. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 14 institutional holders increased their position in SPI Energy Co. Ltd. [NASDAQ:SPI] by around 1,181,535 shares. Additionally, 3 investors decreased positions by around 153,532 shares, while 0 investors held positions by with 153,532 shares. The mentioned changes placed institutional holdings at 1,181,535 shares, according to the latest SEC report filing. SPI stock had 14 new institutional investments in for a total of 1,181,535 shares, while 3 institutional investors sold positions of 153,532 shares during the same period.

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