As on Wednesday, FTC Solar Inc (NASDAQ: FTCI) started slowly as it slid -9.08% to $0.33, before settling in for the price of $0.36 at the close. Taking a more long-term approach, FTCI posted a 52-week range of $0.18-$1.00.
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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 61.44%. Meanwhile, its Annual Earning per share during the time was -27.59%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -8.86%. This publicly-traded company’s shares outstanding now amounts to $125.45 million, simultaneously with a float of $70.16 million. The organization now has a market capitalization sitting at $38.02 million. At the time of writing, stock’s 50-day Moving Average stood at $0.5164, while the 200-day Moving Average is $0.4514.
FTC Solar Inc (FTCI) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Solar industry. FTC Solar Inc’s current insider ownership accounts for 45.09%, in contrast to 9.11% institutional ownership. According to the most recent insider trade that took place on Sep 06 ’24, this organization’s Director bought 238,000 shares at the rate of 0.21, making the entire transaction reach 49,980 in total value, affecting insider ownership by 1,951,046. Preceding that transaction, on Sep 04 ’24, Company’s Director bought 110,000 for 0.23, making the whole transaction’s value amount to 25,300. This particular insider is now the holder of 1,713,046 in total.
FTC Solar Inc (FTCI) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
FTC Solar Inc’s EPS decrease for this current 12-month fiscal period is -8.86% and is forecasted to reach -0.17 in the upcoming year.
FTC Solar Inc (NASDAQ: FTCI) Trading Performance Indicators
Let’s observe the current performance indicators for FTC Solar Inc (FTCI). It’s Quick Ratio in the last reported quarter now stands at 0.93. The Stock has managed to achieve an average true range (ATR) of 0.06. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.66.
In the same vein, FTCI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.38, a figure that is expected to reach -0.08 in the next quarter, and analysts are predicting that it will be -0.17 at the market close of one year from today.
Technical Analysis of FTC Solar Inc (FTCI)
Through scrutinizing the latest numbers posted by the [FTC Solar Inc, FTCI], it can be observed that its last 5-days Average volume of 1.76 million was lower the volume of 2.5 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 11.30% While, its Average True Range was 0.0584.
Raw Stochastic average of FTC Solar Inc (FTCI) in the period of the previous 100 days is set at 26.85%, which indicates a major rise in contrast to 6.93% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 74.31% that was lower than 177.83% volatility it exhibited in the past 100-days period.
