Spherix is in the business services industry and is in the industrials sector. The company CEO is Anthony Hayes. Spherix Inc is a United States based patent commercialization company. It owns patented and unpatented intellectual property in the technology sphere. The company is focused on generating revenues from the monetization of intellectual property.



Previous Intraday Performance:

The SPEX shares had a previous change of 1.11% which opened at 0.95 and closed at 0.91. It moved to an intraday high of 0.95 and a low of 0.91.

PR Newswire:  Spherix Issues Letter to Shareholders

Historical Performance:

Over the last five trading days, SPEX shares returned -1.09% and in the past 30 trading days it returned 10.98%. Over three months, it changed 28.53%. In one year it has changed -10.78% and within that year its 52-week high was 1.55 and its 52-week low was 0.55. SPEX stock is 65.15% above its 52 Week Low.

Our calculations result in a 200 day moving average of 0.91 and a 50 day moving average of 0.85. Right now, SPEX stock is trading -0.36% below its 200 day moving average and may be a great opportunity to buy, but should check other technical indicators to confirm a buy signal.

PR Newswire:  Spherix Issues Letter to Shareholders

Liquidity:

The company has a market cap of $7.8m with 8.5m shares outstanding and a float of 7.0m shares. Trading volume was 40,920 shares and has experienced an average volume of 68,207 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.

Earnings:

The last annual reported EPS for Spherix was 0.19 which ended on 31st of December 2018, which according to the previous close, that is a PE of 4.79.

The next earnings report will be: 05-09-2019

The long-term trend of the EPS is a vital number as it helps understand the future potential of Spherix; the EPS growth rate, as it is usually called, is typically displayed as a percentage, which at this time is hard to estimate, but revenue growth has been -98.70% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 4.20% of institutional ownership.



I calculated the beta to be 0.39

Business Wire:  Sterling Awarded a Hawaii Department of Transportation Airport Project Valued at Approximately $21 Million

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 21.32%, return on assets is 15.54%, price-to-sales is 274.58 and price-to-book is 1.03.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 6  : Financial Safety Result
 2  : Past Performance Result
 3  : Valuation Result
 0  : Dividend Safety Result
 2  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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