Sphere 3D Corp. (NASDAQ:ANY) has been assigned an average broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.

Analysts have set a 1 year consensus target price of $5.00 for the company and are forecasting that the company will post ($0.84) EPS for the current quarter, according to Zacks. Zacks has also assigned Sphere 3D an industry rank of 111 out of 265 based on the ratings given to related companies.

Separately, Zacks Investment Research upgraded shares of Sphere 3D from a “sell” rating to a “hold” rating in a research report on Monday, August 28th.

An institutional investor recently raised its position in Sphere 3D stock. Cyrus Capital Partners L.P. grew its stake in Sphere 3D Corp. (NASDAQ:ANY) by 40.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,230,440 shares of the technology company’s stock after purchasing an additional 4,407,914 shares during the quarter. Sphere 3D makes up 0.4% of Cyrus Capital Partners L.P.’s holdings, making the stock its 10th biggest position. Cyrus Capital Partners L.P. owned about 370.75% of Sphere 3D worth $2,939,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 11.13% of the company’s stock.

Shares of Sphere 3D (ANY) opened at $2.35 on Tuesday. The company has a market cap of $15.74, a price-to-earnings ratio of -0.28 and a beta of 2.30. Sphere 3D has a 52-week low of $1.90 and a 52-week high of $14.00.

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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.

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