On Friday, SoFi Technologies Inc (NASDAQ: SOFI) trading session started at the price of On Friday, that was -5.00% down from the session before settling in for the closing price of $6.80. A 52-week range for SOFI has been $6.41 – $11.70.
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
Annual sales at Financial sector company grew by 39.29% over the past five years. When this article was written, the company’s average yearly earnings per share was at 124.28%. With a float of $986.18 million, this company’s outstanding shares have now reached $1.06 billion.
Let’s look at the performance matrix of the company that is accounted for 4400 employees.
SoFi Technologies Inc (SOFI) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward SoFi Technologies Inc stocks. The insider ownership of SoFi Technologies Inc is 6.72%, while institutional ownership is 38.80%. The most recent insider transaction that took place on Jun 14 ’24, was worth 199,110. In this transaction Chief Executive Officer of this company bought 30,715 shares at a rate of $6.48, taking the stock ownership to the 8,121,844 shares. Before that another transaction happened on Jun 13 ’24, when Company’s Director by deputization sold 19,840,073 for $6.78, making the entire transaction worth $134,515,695. This insider now owns 0 shares in total.
SoFi Technologies Inc (SOFI) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 124.28% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 51.10% during the next five years compared to 32.14% growth over the previous five years of trading.
SoFi Technologies Inc (NASDAQ: SOFI) Trading Performance Indicators
You can see what SoFi Technologies Inc (SOFI) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.13. Likewise, its price to free cash flow for the trailing twelve months is 20.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.29, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.24 in one year’s time.
Technical Analysis of SoFi Technologies Inc (SOFI)
SoFi Technologies Inc (NASDAQ: SOFI) saw its 5-day average volume 45.07 million, a negative change from its year-to-date volume of 49.49 million. As of the previous 9 days, the stock’s Stochastic %D was 21.90%. Additionally, its Average True Range was 0.26.
During the past 100 days, SoFi Technologies Inc’s (SOFI) raw stochastic average was set at 0.99%, which indicates a significant decrease from 3.01% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.82% in the past 14 days, which was lower than the 61.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.14, while its 200-day Moving Average is $7.78. Nevertheless, the first resistance level for the watch stands at $6.67 in the near term. At $6.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $7.01. If the price goes on to break the first support level at $6.34, it is likely to go to the next support level at $6.22. The third support level lies at $6.00 if the price breaches the second support level.
SoFi Technologies Inc (NASDAQ: SOFI) Key Stats
There are 1,057,223K outstanding shares of the company, which has a market capitalization of 6.83 billion. As of now, sales total 2,912 M while income totals -300,740 K. Its latest quarter income was 908,190 K while its last quarter net income were 88,040 K.
