First Foundation Inc (NYSE: FFWM) on Monday, plunged -4.17% from the previous trading day, before settling in for the closing price of $7.67. Within the past 52 weeks, FFWM’s price has moved between $4.41 and $11.47.
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
Financial Sector giant saw their annual sales surged by 21.76% over the last five years. The company achieved an average annual earnings per share of -164.66%. With a float of $74.82 million, this company’s outstanding shares have now reached $82.35 million.
The firm has a total of 567 workers. Let’s measure their productivity. In terms of profitability, gross margin is 100.11%, operating margin of 33.17%, and the pretax margin is 0.55%.
First Foundation Inc (FFWM) Insider Activity
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of First Foundation Inc is 9.14%, while institutional ownership is 58.47%. The most recent insider transaction that took place on Feb 29 ’24, was worth 203,975. In this transaction Chairman of this company sold 25,000 shares at a rate of $8.16, taking the stock ownership to the 1,230,622 shares. Before that another transaction happened on Dec 15 ’23, when Company’s Chairman sold 30,000 for $8.90, making the entire transaction worth $266,940. This insider now owns 215,000 shares in total.
First Foundation Inc (FFWM) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.05 earnings per share (EPS) for the period topping the consensus outlook (set at 0.04) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -164.66% per share during the next fiscal year.
First Foundation Inc (NYSE: FFWM) Trading Performance Indicators
First Foundation Inc (FFWM) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.94.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.15, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach 0.53 in one year’s time.
Technical Analysis of First Foundation Inc (FFWM)
Analysing the last 5-days average volume posted by the [First Foundation Inc, FFWM], we can find that recorded value of 0.68 million was better than the volume posted last year of 0.61 million. As of the previous 9 days, the stock’s Stochastic %D was 86.01%. Additionally, its Average True Range was 0.33.
During the past 100 days, First Foundation Inc’s (FFWM) raw stochastic average was set at 86.11%, which indicates a significant increase from 78.96% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.28% in the past 14 days, which was lower than the 72.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.64, while its 200-day Moving Average is $6.97. Now, the first resistance to watch is $7.58. This is followed by the second major resistance level at $7.82. The third major resistance level sits at $7.99. If the price goes on to break the first support level at $7.17, it is likely to go to the next support level at $7.00. Should the price break the second support level, the third support level stands at $6.76.
First Foundation Inc (NYSE: FFWM) Key Stats
Market capitalization of the company is 605.27 million based on 56,512K outstanding shares. Right now, sales total 623,040 K and income totals -199,060 K. The company made 164,570 K in profit during its latest quarter, and 3,090 K in sales during its previous quarter.
