On Friday, First Foundation Inc (NYSE: FFWM) was 3.48% up from the session before settling in for the closing price of $7.76. A 52-week range for FFWM has been $4.84 – $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
Annual sales at Financial sector company grew by 21.76% over the past five years. When this article was written, the company’s average yearly earnings per share was at -60.94%. With a float of $72.60 million, this company’s outstanding shares have now reached $82.35 million.
Let’s look at the performance matrix of the company that is accounted for 567 employees. In terms of profitability, gross margin is 100.12%, operating margin of 21.28%, and the pretax margin is -16.85%.
First Foundation Inc (FFWM) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward First Foundation Inc stocks. The insider ownership of First Foundation Inc is 11.83%, while institutional ownership is 71.45%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -60.94% per share during the next fiscal year.
First Foundation Inc (NYSE: FFWM) Trading Performance Indicators
You can see what First Foundation Inc (FFWM) 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 1.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.11, a number that is poised to hit 0.04 in the next quarter and is forecasted to reach 0.46 in one year’s time.
Technical Analysis of First Foundation Inc (FFWM)
First Foundation Inc (NYSE: FFWM) saw its 5-day average volume 0.37 million, a negative change from its year-to-date volume of 0.61 million. As of the previous 9 days, the stock’s Stochastic %D was 41.39%. Additionally, its Average True Range was 0.36.
During the past 100 days, First Foundation Inc’s (FFWM) raw stochastic average was set at 90.94%, which indicates a significant increase from 84.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 72.14% in the past 14 days, which was higher than the 60.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.09, while its 200-day Moving Average is $6.70. Nevertheless, the first resistance level for the watch stands at $8.18 in the near term. At $8.32, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.56. If the price goes on to break the first support level at $7.80, it is likely to go to the next support level at $7.56. Assuming the price breaks the second support level, the third support level stands at $7.42.
First Foundation Inc (NYSE: FFWM) Key Stats
There are 82,345K outstanding shares of the company, which has a market capitalization of 684.24 million. As of now, sales total 623,040 K while income totals -199,060 K. Its latest quarter income was 51,580 K while its last quarter net income were -82,170 K.
