SOBR Stock Summary and Trading Ideas (Sobr Safe | NASDAQ:SOBR)

Sobr Safe Inc provides non-invasive technology to quickly and humanely identify the presence of alcohol in individuals. Its technologies are integrated within robust and scalable data platform, producing statistical and measurable user and business data. It developed the scalable, patent-pending SOBRsafe software platform for non-invasive alcohol detection and identity verification, a solution that has current and potential applications. It generates revenue through various combinations of software products and services which include the sale of cloud-based software solutions, detection and data collection hardware devices, and cloud-based data reporting and analysis services.

Sobr Safe trades on the NASDAQ stock market under the symbol SOBR.

As of December 13, 2024, SOBR stock price declined to $3.57 with 26,505 million shares trading.

SOBR has a beta of 3.05, meaning it tends to be more sensitive to market movements. SOBR has a correlation of 0.05 to the broad based SPY ETF.

SOBR has a market cap of $3.29 million. This is considered a Sub-Micro Cap stock.

The top ETF exchange traded funds that SOBR belongs to (by Net Assets): VXF.

SOBR has underperformed the market in the last year with a price return of -93.9% while the SPY ETF gained +29.9%. SOBR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -69.0% and -32.6%, respectively, while the SPY returned +7.8% and +0.3%, respectively.

SOBR support price is $3.69 and resistance is $4.35 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SOBR shares will trade within this expected range on the day.