Analysis: Sarcos Technology and Robotics Corporation (STRC) Stock Performance and Recommendations

Sarcos Technology and Robotics Corporation (STRC) has experienced a significant drop in its stock price recently, with a -24.50% decline in the last five trading days. The company also reported a quarterly loss of $0.86 per share, higher than the Zacks Consensus Estimate of $0.78 loss per share.

The stock’s market performance has been poor, with a -39.60% decline over the past month and a -64.95% plunge in the past quarter. Volatility levels have been high, with a volatility ratio of 9.37% for the week and 8.36% for the past 30 days.

STRC is currently trading at -45.52% from its 50-day moving average, indicating a bearish trend. The stock’s performance over the past 200 days has been even worse, with a -72.61% simple moving average. During the last 52 weeks, STRC has experienced a significant loss of -95.85%.

Insider trading activities at STRC have been observed, with notable purchases of shares by key individuals within the company. This may indicate confidence in the company’s future prospects.

In terms of stock fundamentals, STRC has negative profitability levels, with a present operating margin of -733.08 and a net margin of -1078.52. The debt to equity ratio is 9.19, indicating a higher level of debt compared to equity.

Analysts have mixed opinions on STRC, with some recommending a “buy” and others recommending a “hold” rating. The average price suggested by analysts is $1.58, which is $0.82 above the current market price.

Overall, STRC has had a poor performance lately and is currently trading significantly below its moving averages. Investors should carefully consider analyst recommendations and monitor the stock’s performance before making investment decisions.

– BloombergNEF report on annual spending on passenger EVs, BloombergNEF
– Zacks Investment Research report on STRC’s quarterly loss, Zacks Investment Research