Can Support.com Inc. (SPRT) Future Potential Be Undermined By Current Price Volatility?
Support.com Inc. (NASDAQ:SPRT) has a beta value of 0.61 and has seen 4.99 million shares traded in the last trading session. The company, currently valued at $104.42M, closed the last trade at $4.09 per share which meant it lost -$0.24 on the day or -5.54% during that session. The SPRT stock price is -131.05% off its 52-week high price of $9.45 and 70.17% above the 52-week low of $1.22. If we look at the companys 10-day average daily trading volume, we find that it stood at 5.43 million shares traded. The 3-month trading volume is 5.99 million shares. The consensus among analysts is that Support.com Inc. (SPRT) is a Hold stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. Support.com Inc. (NASDAQ:SPRT) trade information  Sporting -5.54% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Friday, 06/11/21 when the SPRT stock price touched $4.09 or saw a rise of 18.04%. Year-to-date, Support.com Inc. shares have moved 85.91%, while the 5-day performance has seen it change 18.90%. Over the past 30 days, the shares of Support.com Inc. (NASDAQ:SPRT) have changed 43.01%. Short interest in the company has seen 3.73 million shares shorted with days to cover at 6.99. Wall Street analysts have a consensus price target for the stock at $3.00, which means that the shares value could drop -36.33% from current levels. The projected low price target is $3.00 while the price target rests at a high of $3.00. In that case, then, we find that the current price level is 26.65% off the targeted high while a plunge would see the stock lose 26.65% from current levels. Support.com Inc. (SPRT) estimates and forecasts  The companys shares have gained 98.54% over the past 6 months. If we evaluate the companys growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 15.00% over the past 5 years. Earnings growth for 2021 is a modest -88.60% while over the next 5 years, the companys earnings are expected to increase by 10.00%. SPRT Dividends  Support.com Inc. is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the companys debt issue. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  Support.com Inc. (NASDAQ:SPRT)s Major holders  Insiders own 37.35% of the company shares, while shares held by institutions stand at 50.35% with a share float percentage of 80.38%. Investors are also buoyed by the number of investors in a company, with Support.com Inc. having a total of 36 institutions that hold shares in the company. The top two institutional holders are Renaissance Technologies, LLC with over 0.83 million shares worth more than $3.82 million. As of Mar 30, 2021, Renaissance Technologies, LLC held 3.45% of shares outstanding. The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 0.82 million shares as of Mar 30, 2021. The firms total holdings are worth over $3.79 million and represent 3.42% of shares outstanding. Also the top two Mutual Funds that are holding companys shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Mar 30, 2021, the former fund manager holds about 2.32% shares in the company for having 0.56 million shares of worth $2.57 million while later fund manager owns 0.21 million shares of worth $0.96 million as of Mar 30, 2021, which makes it owner of about 0.87% of companys outstanding stock.