Indie Semiconductor Inc (NASDAQ: INDI) kicked off on Monday, down -3.44% from the previous trading day, before settling in for the closing price of $3.49. Over the past 52 weeks, INDI has traded in a range of $3.16-$8.69.
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During the last 5-year period, the sales growth of Technology Sector giant was 86.10%. While this was happening, its average annual earnings per share was recorded -38.12%. With a float of $174.81 million, this company’s outstanding shares have now reached $197.42 million.
Let’s determine the extent of company efficiency that accounts for 900 employees. 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) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of Indie Semiconductor Inc is 11.45%, while institutional ownership is 75.00%. 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) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.08 earnings per share (EPS), higher than consensus estimate (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
Take a look at Indie Semiconductor Inc’s (INDI) current performance indicators. Last quarter, stock had a quick ratio of 2.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.98.
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)
Looking closely at Indie Semiconductor Inc (NASDAQ: INDI), its last 5-days average volume was 2.37 million, which is a drop from its year-to-date volume of 2.69 million. As of the previous 9 days, the stock’s Stochastic %D was 23.78%. Additionally, its Average True Range was 0.21.
During the past 100 days, Indie Semiconductor Inc’s (INDI) raw stochastic average was set at 4.82%, which indicates a significant decrease from 22.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.79% in the past 14 days, which was lower than the 66.91% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.71, while its 200-day Moving Average is $5.61. However, in the short run, Indie Semiconductor Inc’s stock first resistance to watch stands at $3.49. Second resistance stands at $3.60. The third major resistance level sits at $3.67. If the price goes on to break the first support level at $3.31, it is likely to go to the next support level at $3.24. Now, if the price goes above the second support level, the third support stands at $3.13.
Indie Semiconductor Inc (NASDAQ: INDI) Key Stats
The company with the Market Capitalisation of 701.47 million has total of 197,416K Shares Outstanding. Its annual sales at the moment are 223,170 K in contrast with the sum of -117,630 K annual income. Company’s last quarter sales were recorded 52,360 K and last quarter income was -19,160 K.
