A new trading day began on Monday, with Indie Semiconductor Inc (NASDAQ: INDI) stock price up 8.43% from the previous day of trading, before settling in for the closing price of $4.98. INDI’s price has ranged from $3.16 to $8.69 over the past 52 weeks.
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
A company in the Technology sector has jumped its sales by 86.10% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -32.67%. With a float of $179.20 million, this company’s outstanding shares have now reached $201.92 million.
In an organization with 900 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 43.48%, operating margin of -65.66%, and the pretax margin is -55.36%.
Indie Semiconductor Inc (INDI) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of Indie Semiconductor Inc is 11.25%, while institutional ownership is 80.49%. The most recent insider transaction that took place on Nov 12 ’24, was worth 942,500. In this transaction Chief Executive Officer of this company sold 200,000 shares at a rate of $4.71, taking the stock ownership to the 18,351 shares. Before that another transaction happened on Nov 12 ’24, when Company’s Officer proposed sale 200,000 for $4.71, making the entire transaction worth $942,555.
Indie Semiconductor Inc (INDI) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.01 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -32.67% per share during the next fiscal year.
Indie Semiconductor Inc (NASDAQ: INDI) Trading Performance Indicators
Here are Indie Semiconductor Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.67, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.06 in one year’s time.
Technical Analysis of Indie Semiconductor Inc (INDI)
Let’s dig in a bit further. During the last 5-days, its volume was 2.95 million. That was better than the volume of 2.9 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 76.10%. Additionally, its Average True Range was 0.39.
During the past 100 days, Indie Semiconductor Inc’s (INDI) raw stochastic average was set at 52.21%, which indicates a significant decrease from 92.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 214.37% in the past 14 days, which was higher than the 105.74% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.93, while its 200-day Moving Average is $5.45. However, in the short run, Indie Semiconductor Inc’s stock first resistance to watch stands at $5.54. Second resistance stands at $5.67. The third major resistance level sits at $5.92. If the price goes on to break the first support level at $5.16, it is likely to go to the next support level at $4.91. The third support level lies at $4.78 if the price breaches the second support level.
Indie Semiconductor Inc (NASDAQ: INDI) Key Stats
With a market capitalization of 1.17 billion, the company has a total of 201,916K Shares Outstanding. Currently, annual sales are 223,170 K while annual income is -117,630 K. The company’s previous quarter sales were 53,970 K while its latest quarter income was -49,680 K.
