(ISPR) Ispire Technology Common - Ratings and Ratios

Ispire Technology Inc. is a Los Angeles-based company that specializes in the research, development, design, and distribution of e-cigarettes and cannabis vaping products on a global scale. As a subsidiary of Pride Worldwide Investment Limited, the company was established in 2019 and has since made a name for itself in the industry. With its official website available at https://www.getispire.com, the company provides a platform for customers to explore its product offerings.

Analyzing the companys common stock (NASDAQ:ISPR), we observe that it operates within the Packaged Foods & Meats sub-industry, as categorized by the GICS. This classification may seem counterintuitive given the companys focus on vaping products, but it highlights the complexities of industry categorizations. ISPRs stock is listed on the NASDAQ exchange, providing a level of visibility and liquidity for investors.

Examining the and available, we can infer that ISPRs stock has experienced significant volatility, with a 52-week high of $8.00 and a low of $2.69. The current price of $2.99 is near the 52-week low, suggesting a potential oversold condition. The SMA20, SMA50, and SMA200 values indicate a bearish trend, with the short-term moving averages below the long-term averages. Furthermore, the Average True Range (ATR) of 0.34 represents an 11.41% daily price range, indicating high volatility.

From a fundamental perspective, ISPRs market capitalization stands at $166.13M USD, with no reported P/E ratio or forward P/E ratio. The Return on Equity (RoE) is significantly negative at -168.49, suggesting substantial losses. This could be attributed to the companys relatively recent establishment and the competitive nature of the vaping industry.

Using the available and , we can forecast that ISPRs stock may continue to experience volatility in the short term. The bearish trend indicated by the moving averages, combined with the high ATR, suggests that the stock may remain under pressure. However, if the company can demonstrate significant growth in revenue and profitability, the stock may potentially rebound. A key level to watch is the 52-week low of $2.69, as a breach of this level could lead to further declines. Conversely, a sustained move above the SMA20 could indicate a potential reversal. Investors should closely monitor the companys financial performance and industry trends to make informed decisions.