On Friday, SoFi Technologies Inc (NASDAQ: SOFI) was 0.55% up from the session before settling in for the closing price of $10.93. A 52-week range for SOFI has been $6.01 – $11.30.
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A company in the Financial sector has jumped its sales by 9.49% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 128.86%. With a float of $1.01 billion, this company’s outstanding shares have now reached $1.07 billion.
In an organization with 4400 employees, it is important to assess its efficiency. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward SoFi Technologies Inc stocks. The insider ownership of SoFi Technologies Inc is 4.97%, while institutional ownership is 38.28%. The most recent insider transaction that took place on Oct 21 ’24, was worth 96,458. In this transaction EVP, GBUL, SIPS of this company sold 9,308 shares at a rate of $10.36, taking the stock ownership to the 152,203 shares. Before that another transaction happened on Sep 23 ’24, when Company’s EVP, GBUL, SIPS sold 9,308 for $7.99, making the entire transaction worth $74,343. This insider now owns 161,511 shares in total.
SoFi Technologies Inc (SOFI) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 128.86% per share during the next fiscal year.
SoFi Technologies Inc (NASDAQ: SOFI) Trading Performance Indicators
You can see what SoFi Technologies Inc (SOFI) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.45. Likewise, its price to free cash flow for the trailing twelve months is 69.90.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 51.16 million. That was better than the volume of 45.99 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 83.01%. Additionally, its Average True Range was 0.43.
During the past 100 days, SoFi Technologies Inc’s (SOFI) raw stochastic average was set at 93.43%, which indicates a significant increase from 88.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.54% in the past 14 days, which was higher than the 46.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.29, while its 200-day Moving Average is $7.56. However, in the short run, SoFi Technologies Inc’s stock first resistance to watch stands at $11.26. Second resistance stands at $11.52. The third major resistance level sits at $11.71. If the price goes on to break the first support level at $10.81, it is likely to go to the next support level at $10.62. The third support level lies at $10.36 if the price breaches the second support level.
SoFi Technologies Inc (NASDAQ: SOFI) Key Stats
There are 1,057,223K outstanding shares of the company, which has a market capitalization of 11.71 billion. As of now, sales total 2,912 M while income totals -300,740 K. Its latest quarter income was 860,630 K while its last quarter net income were 17,400 K.
