SoFi Technologies Inc (SOFI) kicked off at the price of $8.33: Venture capitalists have an exciting new opportunity

On Monday, SoFi Technologies Inc (NASDAQ: SOFI) opened higher 2.46% from the last session, before settling in for the closing price of $8.13. Price fluctuations for SOFI have ranged from $4.45 to $11.70 over the past 52 weeks.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

During the last 5-year period, the sales growth of Financial Sector giant was 59.23%. Company’s average yearly earnings per share was noted 118.82% at the time writing. With a float of $886.44 million, this company’s outstanding shares have now reached $975.86 million.

SoFi Technologies Inc (SOFI) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Credit Services industry is another important factor to consider. The insider ownership of SoFi Technologies Inc is 7.54%, while institutional ownership is 34.46%. The most recent insider transaction that took place on Dec 19, was worth 550,350. In this transaction Chief Technology Officer of this company sold 56,273 shares at a rate of $9.78, taking the stock ownership to the 343,250 shares. Before that another transaction happened on Nov 21, when Company’s Chief Executive Officer bought 22,500 for $6.50, making the entire transaction worth $146,288. This insider now owns 7,261,789 shares in total.

SoFi Technologies Inc (SOFI) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 17.78 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 118.82% per share during the next fiscal year.

SoFi Technologies Inc (NASDAQ: SOFI) Trading Performance Indicators

Check out the current performance indicators for SoFi Technologies Inc (SOFI). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.74. Likewise, its price to free cash flow for the trailing twelve months is 26.84.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.35, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.26 in one year’s time.

Technical Analysis of SoFi Technologies Inc (SOFI)

Looking closely at SoFi Technologies Inc (NASDAQ: SOFI), its last 5-days average volume was 43.28 million, which is a drop from its year-to-date volume of 60.0 million. As of the previous 9 days, the stock’s Stochastic %D was 50.06%. Additionally, its Average True Range was 0.48.

During the past 100 days, SoFi Technologies Inc’s (SOFI) raw stochastic average was set at 47.06%, which indicates a significant increase from 44.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 97.97% in the past 14 days, which was higher than the 69.38% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $8.42, while its 200-day Moving Average is $7.96. However, in the short run, SoFi Technologies Inc’s stock first resistance to watch stands at $8.52. Second resistance stands at $8.71. The third major resistance level sits at $8.91. If the price goes on to break the first support level at $8.12, it is likely to go to the next support level at $7.92. Now, if the price goes above the second support level, the third support stands at $7.73.

SoFi Technologies Inc (NASDAQ: SOFI) Key Stats

There are currently 958,743K shares outstanding in the company with a market cap of 7.99 billion. Presently, the company’s annual sales total 1,763 M according to its annual income of -320,410 K. Last quarter, the company’s sales amounted to 756,520 K and its income totaled -266,680 K.