A new trading day began on Tuesday, with Indie Semiconductor Inc (NASDAQ: INDI) stock price down -1.45% from the previous day of trading, before settling in for the closing price of $6.21. INDI’s price has ranged from $4.67 to $9.85 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
It was noted that within the last five years, the titan of the Technology sector saw sales topped by 86.10%. Meanwhile, its annual earnings per share averaged 7.57%. With a float of $156.50 million, this company’s outstanding shares have now reached $163.19 million.
The extent of productivity of a business whose workforce counts for 900 workers is very important to gauge.
Indie Semiconductor Inc (INDI) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of Indie Semiconductor Inc is 16.20%, while institutional ownership is 74.54%. The most recent insider transaction that took place on Jun 24 ’24, was worth 307,000. In this transaction President of this company sold 50,000 shares at a rate of $6.14, taking the stock ownership to the 36,631 shares. Before that another transaction happened on Jun 21 ’24, when Company’s President sold 75,000 for $6.24, making the entire transaction worth $468,000. This insider now owns 36,631 shares in total.
Indie Semiconductor Inc (INDI) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 7.57% per share during the next fiscal year.
Indie Semiconductor Inc (NASDAQ: INDI) Trading Performance Indicators
Here are Indie Semiconductor Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.49. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.49, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach 0.12 in one year’s time.
Technical Analysis of Indie Semiconductor Inc (INDI)
The latest stats from [Indie Semiconductor Inc, INDI] show that its last 5-days average volume of 2.56 million was inferior to 2.81 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 27.97%. Additionally, its Average True Range was 0.34.
During the past 100 days, Indie Semiconductor Inc’s (INDI) raw stochastic average was set at 39.93%, which indicates a significant increase from 9.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.99% in the past 14 days, which was lower than the 68.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.36, while its 200-day Moving Average is $6.53. Now, the first resistance to watch is $6.24. This is followed by the second major resistance level at $6.37. The third major resistance level sits at $6.48. If the price goes on to break the first support level at $6.00, it is likely to go to the next support level at $5.89. Assuming the price breaks the second support level, the third support level stands at $5.76.
Indie Semiconductor Inc (NASDAQ: INDI) Key Stats
With a market capitalization of 1.14 billion, the company has a total of 186,763K Shares Outstanding. Currently, annual sales are 223,170 K while annual income is -117,630 K. The company’s previous quarter sales were 52,350 K while its latest quarter income was -31,180 K.
