A new trading day began on Monday, with SoFi Technologies Inc (NASDAQ: SOFI) stock price down -1.43% from the previous day of trading, before settling in for the closing price of $8.39. SOFI’s price has ranged from $6.01 to $10.49 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 9.49%. Meanwhile, its annual earnings per share averaged 129.27%. With a float of $1.01 billion, this company’s outstanding shares have now reached $1.07 billion.
The extent of productivity of a business whose workforce counts for 4400 workers is very important to gauge. In terms of profitability, gross margin is 63.5%, operating margin of -3.08%, and the pretax margin is -4.38%.
SoFi Technologies Inc (SOFI) Insider and Institutional Ownership
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 4.97%, while institutional ownership is 38.05%. The most recent insider transaction that took place on Sep 23 ’24, was worth 74,343. In this transaction EVP, GBUL, SIPS of this company sold 9,308 shares at a rate of $7.99, taking the stock ownership to the 161,511 shares. Before that another transaction happened on Sep 20 ’24, when Company’s Chief Technology Officer sold 68,081 for $8.12, making the entire transaction worth $552,818. This insider now owns 521,505 shares in total.
SoFi Technologies Inc (SOFI) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 129.27% per share during the next fiscal year.
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 2.60. Likewise, its price to free cash flow for the trailing twelve months is 52.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.23, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.26 in one year’s time.
Technical Analysis of SoFi Technologies Inc (SOFI)
The latest stats from [SoFi Technologies Inc, SOFI] show that its last 5-days average volume of 37.96 million was inferior to 45.44 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 72.77%. Additionally, its Average True Range was 0.33.
During the past 100 days, SoFi Technologies Inc’s (SOFI) raw stochastic average was set at 89.68%, which indicates a significant increase from 72.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.89% in the past 14 days, which was lower than the 42.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.43, while its 200-day Moving Average is $7.51. Now, the first resistance to watch is $8.47. This is followed by the second major resistance level at $8.68. The third major resistance level sits at $8.83. If the price goes on to break the first support level at $8.11, it is likely to go to the next support level at $7.96. The third support level lies at $7.75 if the price breaches the second support level.
SoFi Technologies Inc (NASDAQ: SOFI) Key Stats
With a market capitalization of 8.82 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 860,630 K while its latest quarter income was 17,400 K.
