What Does Technical Indicators say About Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI)?


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) for the period of 9-Day stands at 15.15% while the stochastic %D for the same period stands at 14.29%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) signals “Sell” while other important signals like the 20-Day Moving Average Vs. Price signals “Sell”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Spectrum Pharmaceuticals, Inc. is opportunistically acquiring and advancing a diversified portfolio of oncology drug candidates that meet critical health challenges for which there are few other treatment options. Spectrum’s expertise lies in identifying undervalued drugs with demonstrated safety and efficacy, and adding value through further clinical development and selection of the most viable and low-risk methods of commercialization. The company’s pipeline includes promising early and late-stage drug candidates with unique formulations and mechanisms of action that address the needs of seriously ill patients, such as at-home chemotherapy and new treatment regimens for refractory disease.

Previous Day Activity Analysis

On the last trading day, Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) opened the session at $18.44 and after going up 1.69% closed at $18.64. The stock gained 0.2 points in the last trade.

Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI)’s stock fluctuated in the range of $18.07 and $18.81 during the previous active session. Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) traded with the volume of 1.01 Million with average volume of 1.81 Million. The stock has MEDIUM volatility on the last trading session.

Currently the Beta for the company remains at 1.67 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.02 and 61.71 respectively.

Currently the Insider Ownership of the shares of Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) is at 0.5% and the shares outstanding are 95.06 Million.

Important Ratio Analysis

Some important ratios to consider here for Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) are discussed below:

Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The Price to Sale P/S and Price to Book P/B shows the value of 13.13 and 5.11 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 7.15 and 0 correspondingly.

The Quick Ratio of Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) stands at 4.9 while the Current Ratio depicts the value of 5.

Return on Assets ROA of Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) is at -18.4% whereas, Return on Equity ROE and Return of Investment ROI of Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) stand at -33.3% and -17.8% respectively.

Stock Performance Analysis

The stock performance of Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) on the basis of 5 day trade show the dip of -3.02% whereas, the monthly performance of the stock shows increase of 39.52%.

The quarterly performance of the stock remained in green zone with the value of 98.72% while six month performance of the shares of Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) remained bullish with the count of 209.63%.

The yearly and YTD performance of Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) remained up at 314.22% and 320.77% respectively.