On Tuesday, FTAI Infrastructure Inc (NASDAQ: FIP) opened lower -0.84% from the last session, before settling in for the closing price of $7.12. Price fluctuations for FIP have ranged from $3.42 to $10.45 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 36.37% over the last five years. Company’s average yearly earnings per share was noted -4.84% at the time writing. With a float of $108.97 million, this company’s outstanding shares have now reached $113.75 million.
The firm has a total of 700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 23.03%, operating margin of -6.08%, and the pretax margin is -54.01%.
FTAI Infrastructure Inc (FIP) Insider Activity
A key investor’s attitude towards the stock of the Conglomerates industry is another important factor to consider. The insider ownership of FTAI Infrastructure Inc is 4.19%, while institutional ownership is 79.68%. The most recent insider transaction that took place on Aug 09 ’24, was worth 30,731,489. In this transaction 10% Owner of this company sold 3,399,501 shares at a rate of $9.04, taking the stock ownership to the 8,418,561 shares.
FTAI Infrastructure Inc (FIP) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -4.84% per share during the next fiscal year.
FTAI Infrastructure Inc (NASDAQ: FIP) Trading Performance Indicators
Check out the current performance indicators for FTAI Infrastructure Inc (FIP). In the past quarter, the stock posted a quick ratio of 1.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.47.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.98, a number that is poised to hit -0.37 in the next quarter and is forecasted to reach -0.68 in one year’s time.
Technical Analysis of FTAI Infrastructure Inc (FIP)
Analysing the last 5-days average volume posted by the [FTAI Infrastructure Inc, FIP], we can find that recorded value of 1.08 million was lower than the volume posted last year of 1.19 million. As of the previous 9 days, the stock’s Stochastic %D was 11.21%. Additionally, its Average True Range was 0.41.
During the past 100 days, FTAI Infrastructure Inc’s (FIP) raw stochastic average was set at 7.11%, which indicates a significant decrease from 11.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.19% in the past 14 days, which was lower than the 48.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $8.53, while its 200-day Moving Average is $8.36. Now, the first resistance to watch is $7.26. This is followed by the second major resistance level at $7.33. The third major resistance level sits at $7.41. If the price goes on to break the first support level at $7.11, it is likely to go to the next support level at $7.03. Should the price break the second support level, the third support level stands at $6.96.
FTAI Infrastructure Inc (NASDAQ: FIP) Key Stats
There are currently 113,745K shares outstanding in the company with a market cap of 818.97 million. Presently, the company’s annual sales total 320,470 K according to its annual income of -121,340 K. Last quarter, the company’s sales amounted to 83,310 K and its income totaled -32,990 K.
