A new trading day began on Friday, with SoFi Technologies Inc (NASDAQ: SOFI) stock price up 1.07% from the previous day of trading, before settling in for the closing price of $6.54. SOFI’s price has ranged from $6.20 to $11.70 over the past 52 weeks.
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. Meanwhile, its annual earnings per share averaged 124.23%. With a float of $1.01 billion, 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Credit Services Industry. The insider ownership of SoFi Technologies Inc is 4.91%, while institutional ownership is 38.59%. The most recent insider transaction that took place on Jun 20 ’24, was worth 360,710. In this transaction Chief Technology Officer of this company sold 56,273 shares at a rate of $6.41, taking the stock ownership to the 453,464 shares. Before that another transaction happened on Jun 14 ’24, when Company’s Chief Executive Officer bought 30,715 for $6.48, making the entire transaction worth $199,110. This insider now owns 8,121,844 shares in total.
SoFi Technologies Inc (SOFI) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 124.23% 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
Here are SoFi Technologies Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.18. Likewise, its price to free cash flow for the trailing twelve months is 20.79.
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 23.82 million, a negative change from its year-to-date volume of 47.98 million. As of the previous 9 days, the stock’s Stochastic %D was 59.75%. Additionally, its Average True Range was 0.22.
During the past 100 days, SoFi Technologies Inc’s (SOFI) raw stochastic average was set at 13.76%, which indicates a significant decrease from 33.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.74% in the past 14 days, which was lower than the 51.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.96, while its 200-day Moving Average is $7.68. Nevertheless, the first resistance level for the watch stands at $6.66 in the near term. At $6.72, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.78. If the price goes on to break the first support level at $6.54, it is likely to go to the next support level at $6.48. Assuming the price breaks the second support level, the third support level stands at $6.42.
SoFi Technologies Inc (NASDAQ: SOFI) Key Stats
With a market capitalization of 6.99 billion, the company has a total of 1,057,223K Shares Outstanding. Currently, annual sales are 2,912 M while annual income is -300,740 K. The company’s previous quarter sales were 908,190 K while its latest quarter income was 88,040 K.
