Media stories about Sphere 3D (NASDAQ:ANY) have trended somewhat positive on Tuesday, according to Accern Sentiment. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Sphere 3D earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 46.0715823314335 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment’s rankings:
- Sphere 3D Corp. Announces Closing of $2.3 Million Public Offering (feeds.benzinga.com)
- Sphere 3D Corp. (ANY) predicted to achieve 84.70% EPS growth for this year (wallstreetinvestorplace.com)
- Attempt to Shakeup Active Momentum on New Compulsions: Sphere 3D Corp. (NASDAQ:ANY) (stockmarketstop.com)
- ValuEngine Downgrades Sphere 3D (ANY) to Strong Sell (americanbankingnews.com)
- Head to Head Analysis: Sphere 3D (ANY) & Its Rivals (americanbankingnews.com)
Shares of NASDAQ:ANY traded up $0.05 during trading on Tuesday, hitting $0.58. 1,143,624 shares of the company were exchanged, compared to its average volume of 693,018. The company has a market capitalization of $5.89, a PE ratio of -0.41 and a beta of 2.34. Sphere 3D has a 12-month low of $0.51 and a 12-month high of $7.25.
A number of research analysts recently weighed in on the stock. ValuEngine upgraded shares of Sphere 3D from a “strong sell” rating to a “sell” rating in a report on Friday, February 2nd. Zacks Investment Research cut shares of Sphere 3D from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 10th.
In other news, major shareholder Cyrus Capital Partners, L.P. sold 609,215 shares of the company’s stock in a transaction on Friday, February 23rd. The shares were sold at an average price of $1.50, for a total transaction of $913,822.50. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Jenny C. Yeh sold 22,752 shares of the company’s stock in a transaction on Thursday, January 18th. The stock was sold at an average price of $2.50, for a total transaction of $56,880.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 653,357 shares of company stock valued at $1,013,820.
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Sphere 3D Company Profile
Sphere 3D Corp. provides data management, and desktop and application virtualization solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It enables organizations to deploy a combination of public, private, or hybrid cloud strategies through containerized applications, virtual desktops, virtual storage, and physical hyper-converged platforms.
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