Based on the most recent trading session, shares for Spectrum Pharmaceuticals, Inc. (NASDAQ:SPPI) closed at $18.63, with a change of -3.12%. 677,566 shares traded hands.
Spectrum’s stock currently has an average trading capacity of 1.87 million shares, based on the last three months. Its Relative Volume is 0.36. A higher relative volume means the stock is more active and is an important factor to consider when thinking about investing in any company.
Spectrum’s market cap is $1.82 billion. This is calculated by multiplying the price of a stock by its total number of outstanding shares ($18.63 by 97.79 million in this case). Generally speaking, large cap stocks are considered safer than small cap stocks, but small cap stocks have a greater potential for growth. While it should be considered, the market cap is not the most important factor when thinking about investing.
Overall, shares of Spectrum have shown a weekly performance of -5.19%, which was maintained for the month at -3.12%. Its performance for the quarter was 88.18%, and for the year, 365.75%. Spectrum’s stock currently holds a general consensus rating of “Buy”.
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