Sphere 3D (ANY) Receives Coverage Optimism Score of 0.07

Press coverage about Sphere 3D (NASDAQ:ANY) has trended somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Sphere 3D earned a coverage optimism score of 0.07 on Accern’s scale. Accern also assigned news articles about the technology company an impact score of 47.6204461893089 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the news articles that may have impacted Accern’s analysis:

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How to Use Email Signature Marketing to Support Your Data-driven Marketing Efforts (martechadvisor.com) Sphere 3D (ANY) versus Its Peers Financial Analysis (americanbankingnews.com) Critical Survey: Sphere 3D (ANY) & Its Competitors (americanbankingnews.com) Financial Analysis: Sphere 3D (ANY) vs. The Competition (americanbankingnews.com) Comparing Sphere 3D (ANY) & Its Rivals (americanbankingnews.com)

ANY stock traded down $0.03 during midday trading on Thursday, reaching $0.44. 4,003 shares of the company’s stock traded hands, compared to its average volume of 1,270,410. Sphere 3D has a 1-year low of $0.44 and a 1-year high of $0.46. The stock has a market capitalization of $6.39 million, a price-to-earnings ratio of -0.33 and a beta of 2.40.

Sphere 3D (NASDAQ:ANY) last released its earnings results on Wednesday, March 21st. The technology company reported ($0.35) EPS for the quarter. The firm had revenue of $18.67 million during the quarter. Sphere 3D had a negative net margin of 32.12% and a negative return on equity of 60.52%.

Several research firms recently commented on ANY. ValuEngine upgraded Sphere 3D from a “sell” rating to a “hold” rating in a research report on Wednesday, May 2nd. Zacks Investment Research downgraded Sphere 3D from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 10th.

In related news, major shareholder Cyrus Capital Partners, L.P. sold 609,215 shares of Sphere 3D stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $1.50, for a total transaction of $913,822.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 621,803 shares of company stock valued at $936,520 over the last three months. Insiders own 1.08% of the company’s stock.

About Sphere 3D

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.

Insider Buying and Selling by Quarter for Sphere 3D (NASDAQ:ANY)

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