FTC Solar Inc (NASDAQ: FTCI) open the trading on Thursday, with a bit cautious approach as it glided -4.98% to $0.48, before settling in for the price of $0.51 at the close. Taking a more long-term approach, FTCI posted a 52-week range of $0.28-$3.87.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that the giant of the Technology sector posted annual sales growth of 61.44% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -27.59%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 33.18%. This publicly-traded company’s shares outstanding now amounts to $125.45 million, simultaneously with a float of $55.46 million. The organization now has a market capitalization sitting at $60.58 million. At the time of writing, stock’s 50-day Moving Average stood at $0.5220, while the 200-day Moving Average is $1.2943.
FTC Solar Inc (FTCI) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Solar industry. FTC Solar Inc’s current insider ownership accounts for 55.63%, in contrast to 26.87% institutional ownership. According to the most recent insider trade that took place on Mar 26 ’24, this organization’s Director bought 97,400 shares at the rate of 0.51, making the entire transaction reach 49,674 in total value, affecting insider ownership by 967,458. Preceding that transaction, on Mar 22 ’24, Company’s Director bought 92,600 for 0.55, making the whole transaction’s value amount to 50,930. This particular insider is now the holder of 870,058 in total.
FTC Solar Inc (FTCI) Earnings and Revenue Records
So, what does the last quarter earnings report of the company that was made public on 12/30/2023 suggests? It has posted -$0.08 earnings per share (EPS) not meeting the forecaster’s viewpoint (set at -$0.07) by -$0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
FTC Solar Inc’s EPS increase for this current 12-month fiscal period is 33.18% and is forecasted to reach -0.01 in the upcoming year.
FTC Solar Inc (NASDAQ: FTCI) Trading Performance Indicators
Let’s observe the current performance indicators for FTC Solar Inc (FTCI). It’s Quick Ratio in the last reported quarter now stands at 1.80. The Stock has managed to achieve an average true range (ATR) of 0.07. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.48.
In the same vein, FTCI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.43, a figure that is expected to reach -0.09 in the next quarter, and analysts are predicting that it will be -0.01 at the market close of one year from today.
Technical Analysis of FTC Solar Inc (FTCI)
[FTC Solar Inc, FTCI] recent stats showed that its last 5-days Average volume was poorer than the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 28.22% While, its Average True Range was 0.0644.
Raw Stochastic average of FTC Solar Inc (FTCI) in the period of the previous 100 days is set at 15.53%, which indicates a major fall in contrast to 28.66% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 129.25% that was higher than 116.65% volatility it exhibited in the past 100-days period.
