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Spectrum Pharmaceuticals, Inc is a biotechnology business based in the US. Spectrum Pharmaceuticals shares (SPPI) are listed on the NASDAQ and all prices are listed in US Dollars. Spectrum Pharmaceuticals employs 146 staff and has a trailing 12-month revenue of around USD$109.3 million.
Since the stock market crash in March caused by coronavirus, Spectrum Pharmaceuticals's share price has had significant positive movement.
Its last market close was USD$4.21, which is 27.79% up on its pre-crash value of USD$3.04 and 141.65% up on the lowest point reached during the March crash when the shares fell as low as USD$1.7422.
If you had bought USD$1,000 worth of Spectrum Pharmaceuticals shares at the start of February 2020, those shares would have been worth USD$799.23 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,625.48.
|Latest market close||USD$4.21|
|52-week range||USD$1.7422 - USD$10.57|
|50-day moving average||USD$4.2154|
|200-day moving average||USD$3.4537|
|Wall St. target price||USD$11|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$-1.548|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-19)||N/A|
|1 month (2020-10-30)||22.74%|
|3 months (2020-08-26)||N/A|
|6 months (2020-05-26)||N/A|
|1 year (2019-11-26)||N/A|
|2 years (2018-11-26)||N/A|
|3 years (2017-11-26)||N/A|
|5 years (2015-11-26)||N/A|
|Revenue TTM||USD$109.3 million|
|Gross profit TTM||USD$0|
|Return on assets TTM||-32.87%|
|Return on equity TTM||-72.45%|
|Market capitalisation||USD$578.6 million|
TTM: trailing 12 months
There are currently 9.9 million Spectrum Pharmaceuticals shares held short by investors – that's known as Spectrum Pharmaceuticals's "short interest". This figure is 40% up from 7.1 million last month.
There are a few different ways that this level of interest in shorting Spectrum Pharmaceuticals shares can be evaluated.
Spectrum Pharmaceuticals's "short interest ratio" (SIR) is the quantity of Spectrum Pharmaceuticals shares currently shorted divided by the average quantity of Spectrum Pharmaceuticals shares traded daily (recently around 3.1 million). Spectrum Pharmaceuticals's SIR currently stands at 3.25. In other words for every 100,000 Spectrum Pharmaceuticals shares traded daily on the market, roughly 3250 shares are currently held short.
However Spectrum Pharmaceuticals's short interest can also be evaluated against the total number of Spectrum Pharmaceuticals shares, or, against the total number of tradable Spectrum Pharmaceuticals shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Spectrum Pharmaceuticals's short interest could be expressed as 0.07% of the outstanding shares (for every 100,000 Spectrum Pharmaceuticals shares in existence, roughly 70 shares are currently held short) or 0.0894% of the tradable shares (for every 100,000 tradable Spectrum Pharmaceuticals shares, roughly 89 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Spectrum Pharmaceuticals.
Find out more about how you can short Spectrum Pharmaceuticals stock.
We're not expecting Spectrum Pharmaceuticals to pay a dividend over the next 12 months.
Spectrum Pharmaceuticals's shares were split on a 1:25 basis on 6 September 2002. So if you had owned 25 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Spectrum Pharmaceuticals shares – just the quantity. However, indirectly, the new 2400% higher share price could have impacted the market appetite for Spectrum Pharmaceuticals shares which in turn could have impacted Spectrum Pharmaceuticals's share price.
Over the last 12 months, Spectrum Pharmaceuticals's shares have ranged in value from as little as $1.7422 up to $10.57. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Spectrum Pharmaceuticals's is 2.214. This would suggest that Spectrum Pharmaceuticals's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Spectrum Pharmaceuticals, Inc., a biopharma company, develops and commercializes oncology and hematology drug products. The company is developing ROLONTIS, a novel long-acting granulocyte colony-stimulating for chemotherapy-induced neutropenia; Poziotinib, a novel irreversible tyrosine kinase inhibitor for non-small cell lung cancer tumors with various mutations; and Anti-CD20-IFNá, an antibody-interferon fusion molecule directed against CD20 that is in Phase I development for the treatment of relapsed or refractory non-Hodgkin's lymphoma patients, including diffuse large B-cell lymphoma. It has co-development, commercialization, and in-license agreements with Hanmi Pharmaceutical Co. Ltd.; a patent and technology license agreement with The University of Texas M.D. Anderson Cancer Center; and in-license agreement with ImmunGene, Inc. for focused interferon therapeutics drug delivery platform. The company was formerly known as NeoTherapeutics, Inc. and changed its name to Spectrum Pharmaceuticals, Inc. in December 2002. Spectrum Pharmaceuticals, Inc. was founded in 1987 and is headquartered in Henderson, Nevada.
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