NASDAQ:SPEX

Spherix Stock Forecast, Price & News

$0.51

-0.02 (-3.78 %)

(As of 10/30/2020 12:00 AM ET)

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Today's Range

$0.49

Now: $0.51▼

$0.53

50-Day Range

$0.52

MA: $0.60▼

$1.63

52-Week Range

$0.65

Now: $0.51▼

$5.52

Volume951,310 shs

Average Volume4.67 million shs

Market Capitalization$2.45 million

P/E Ratio0.75

Dividend YieldN/A

Beta0.04

Spherix Incorporated, a technology development company, owns, develops, acquires, and monetizes intellectual property assets. Its intellectual property is primarily consists of trade secrets, patented know-how, issued and pending patents, copyrights, and technological innovation. The company owns approximately 290 patents and patent applications. Its patent portfolio includes the U.S. and foreign patents and pending patent applications in the wireless communications and telecommunication sectors, including data, optical and voice technology, antenna technology, Wi-Fi, base station functionality, and cellular. Spherix Incorporated was founded in 1967 and is based in New York, New York.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Spherix.

2.5 Community Rank

Outperform Votes
Spherix has received 96 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Spherix has received 97 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Spherix has received 50.26% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Spherix and other stocks. Vote “Outperform” if you believe SPEX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SPEX will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Spherix does not currently pay a dividend.
Dividend Growth
Spherix does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Spherix insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.22% of the stock of Spherix is held by insiders.
Percentage Held by Institutions
Only 1.88% of the stock of Spherix is held by institutions.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Spherix is 0.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.78.
Price to Earnings Ratio vs. Sector
The P/E ratio of Spherix is 0.75, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 37.52.
Price to Book Value per Share Ratio
Spherix has a P/B Ratio of 0.23. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

0.88 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Patent owners & lessors

Sub-IndustryN/A

SectorBusiness Services

Current SymbolNASDAQ:SPEX

Previous Symbol

CUSIPN/A

CIK12239

Webwww.spherix.com

Phone703-992-9325

Employees6

Debt

Debt-to-Equity RatioN/A

Current Ratio1.51

Quick Ratio1.51

Price-To-Earnings

Trailing P/E Ratio0.75

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$10,000.00

Price / Sales245.50

Cash FlowN/A

Price / Cash FlowN/A

Book Value$2.18 per share

Price / Book0.23

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-4,180,000.00

Net MarginsN/A

Return on Equity-40.50%

Return on Assets-37.39%

Miscellaneous

Outstanding Shares4,825,000

Market Cap$2.45 million

Next Earnings Date11/10/2020 (Estimated)

OptionableNot Optionable

$0.51

-0.02 (-3.78 %)

(As of 10/30/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Spherix (NASDAQ:SPEX) Frequently Asked Questions

How has Spherix's stock been impacted by Coronavirus (COVID-19)?

Spherix's stock was trading at $1.99 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SPEX shares have decreased by 74.4% and is now trading at $0.5088.
View which stocks have been most impacted by COVID-19.

When is Spherix's next earnings date?

Spherix is scheduled to release its next quarterly earnings announcement on Tuesday, November 10th 2020.
View our earnings forecast for Spherix.

Who are some of Spherix's key competitors?

Some companies that are related to Spherix include MGT Capital Investments (MGTI), Micro Imaging Technology (MMTC), ARC Group (RLLY), ARC Group (ARCK), American Restaurant Partners (ICTPU), Fortel (ECGP) and Patriot Scientific (PTSC).
View all competitors.

What other stocks do shareholders of Spherix own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Spherix investors own include Aeterna Zentaris (AEZS), Ibio (IBIO), Gevo (GEVO), Inovio Pharmaceuticals (INO), The Walt Disney (DIS), Opko Health (OPK), Putnam Premier Income Trust (PPT), AT&T (T), Verizon Communications (VZ) and Wells Fargo & Company (WFC).

Who are Spherix's key executives?

Spherix's management team includes the following people:

Mr. Anthony C. Hayes, CEO, Pres, Principal Financial Officer, Principal Accounting Officer & Director (Age 51)
Mr. Darrell Dotson, VP & Gen. Counsel

What is Spherix's stock symbol?

Spherix trades on the NASDAQ under the ticker symbol "SPEX."

How do I buy shares of Spherix?

Shares of SPEX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Spherix's stock price today?

One share of SPEX stock can currently be purchased for approximately $0.51.

How big of a company is Spherix?

Spherix has a market capitalization of $2.45 million and generates $10,000.00 in revenue each year. Spherix employs 6 workers across the globe.

What is Spherix's official website?

The official website for Spherix is www.spherix.com.

How can I contact Spherix?

Spherix's mailing address is ONE ROCKEFELLER PLAZA 11TH FLOOR, NEW YORK NY, 10020. The business services provider can be reached via phone at 703-992-9325 or via email at [email protected]

This page was last updated on 10/31/2020 by MarketBeat.com Staff

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