Institutional & Insider Ownership
91.7% of Spruce Biosciences shares are owned by institutional investors. Comparatively, 24.8% of shares of all “Biotechnology” companies are owned by institutional investors. 6.9% of Spruce Biosciences shares are owned by insiders. Comparatively, 20.8% of shares of all “Biotechnology” companies are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.
Profitability
This table compares Spruce Biosciences and its rivals’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Spruce Biosciences | N/A | N/A | N/A |
Spruce Biosciences Competitors | -15,247.28% | 32.46% | -33.43% |
Risk & Volatility
Spruce Biosciences has a beta of 2.43, suggesting that its stock price is 143% more volatile than the S&P 500. Comparatively, Spruce Biosciences’ rivals have a beta of 1.38, suggesting that their average stock price is 38% more volatile than the S&P 500.
Valuation & Earnings
Gross Revenue | Net Income | Price/Earnings Ratio | |
Spruce Biosciences | N/A | N/A | -0.08 |
Spruce Biosciences Competitors | $163.23 million | -$11.65 million | -427.17 |
Spruce Biosciences’ rivals have higher revenue, but lower earnings than Spruce Biosciences. Spruce Biosciences is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Summary
Spruce Biosciences beats its rivals on 5 of the 8 factors compared.
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