Sobr Safe Inc [NASDAQ: SOBR] stock went on an upward path that rose over 42.38% on Wednesday, amounting to a one-week price decrease of less than -23.85%.
Over the last 12 months, SOBR stock dropped by -99.03%. The one-year Sobr Safe Inc stock forecast points to a potential upside of 99.76. The average equity rating for SOBR stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $0.61 million, with 0.92 million shares outstanding and 0.41 million shares in the current float. Compared to the average trading volume of 4.64M shares, SOBR stock reached a trading volume of 10469554 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Sobr Safe Inc [SOBR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SOBR shares is $275.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SOBR stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Sobr Safe Inc is set at 0.18, with the Price to Sales ratio for SOBR stock in the period of the last 12 months amounting to 3.40. The Price to Book ratio for the last quarter was 0.10, with the Price to Cash per share for the same quarter was set at 0.33.
SOBR Stock Performance Analysis:
Sobr Safe Inc [SOBR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -23.85. With this latest performance, SOBR shares dropped by -29.10% in over the last four-week period, additionally sinking by -94.32% over the last 6 months – not to mention a drop of -99.03% 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 SOBR stock in for the last two-week period is set at 37.72, with the RSI for the last a single of trading hit 38.77, and the three-weeks RSI is set at 36.62 for Sobr Safe Inc [SOBR]. The present Moving Average for the last 50 days of trading for this stock 0.9517, while it was recorded at 0.6573 for the last single week of trading, and 10.2932 for the last 200 days.
Insight into Sobr Safe Inc Fundamentals:
Sobr Safe Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.55 and a Current Ratio set at 0.78.
