On Monday, Indie Semiconductor Inc (NASDAQ: INDI) was -5.45% drop from the session before settling in for the closing price of $3.67. A 52-week range for INDI has been $3.16 – $8.69.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 86.10%. When this article was written, the company’s average yearly earnings per share was at -38.12%. With a float of $174.81 million, this company’s outstanding shares have now reached $197.42 million.
Considering the fact that the conglomerate employs 900 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 44.0%, operating margin of -58.0%, and the pretax margin is -38.15%.
Indie Semiconductor Inc (INDI) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Indie Semiconductor Inc stocks. The insider ownership of Indie Semiconductor Inc is 11.45%, while institutional ownership is 75.84%. The most recent insider transaction that took place on Sep 03 ’24, was worth 13,665. In this transaction Chief Operating Officer of this company sold 3,531 shares at a rate of $3.87, taking the stock ownership to the 47,235 shares. Before that another transaction happened on Sep 03 ’24, when Company’s CFO and EVP of Strategy sold 75,000 for $3.83, making the entire transaction worth $287,250. This insider now owns 977,192 shares in total.
Indie Semiconductor Inc (INDI) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.08 earnings per share (EPS) during the time that was better than consensus figure (set at -0.08) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -38.12% per share during the next fiscal year.
Indie Semiconductor Inc (NASDAQ: INDI) Trading Performance Indicators
You can see what Indie Semiconductor Inc (INDI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.91.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.51, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach -0.01 in one year’s time.
Technical Analysis of Indie Semiconductor Inc (INDI)
Compared to the last year’s volume of 2.71 million, its volume of 1.88 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 32.68%. Additionally, its Average True Range was 0.20.
During the past 100 days, Indie Semiconductor Inc’s (INDI) raw stochastic average was set at 6.65%, which indicates a significant decrease from 8.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.07% in the past 14 days, which was lower than the 67.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.83, while its 200-day Moving Average is $5.79. Nevertheless, the first resistance level for the watch stands at $3.61 in the near term. At $3.74, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.84. If the price goes on to break the first support level at $3.38, it is likely to go to the next support level at $3.28. Should the price break the second support level, the third support level stands at $3.15.
Indie Semiconductor Inc (NASDAQ: INDI) Key Stats
There are 186,763K outstanding shares of the company, which has a market capitalization of 685.05 million. As of now, sales total 223,170 K while income totals -117,630 K. Its latest quarter income was 52,360 K while its last quarter net income were -19,160 K.
