Shares of Sphere 3D Corp. (NASDAQ:ANY) fell 9.2% during trading on Thursday . The stock traded as low as $2.60 and last traded at $2.68. 535,100 shares traded hands during trading, a decline of 12% from the average session volume of 605,386 shares. The stock had previously closed at $2.95.
Separately, Zacks Investment Research downgraded shares of Sphere 3D from a “strong-buy” rating to a “hold” rating in a research report on Wednesday.
The stock has a market cap of $17.95, a PE ratio of -0.44 and a beta of 3.33.
Sphere 3D Company Profile
Sphere 3D Corp. provides virtualization technologies and data management solutions in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It enables organizations to deploy a combination of public, private, or hybrid cloud strategies through containerized applications, virtual desktops, virtual storage, and physical hyper-converged platforms.
Receive News & Ratings for Sphere 3D Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sphere 3D and related companies with MarketBeat.com's FREE daily email newsletter.