Indie Semiconductor Inc (INDI) volume exceeds 4.87 million: A new investment opportunity for investors

Indie Semiconductor Inc (NASDAQ: INDI) kicked off on Monday, down -4.09% from the previous trading day, before settling in for the closing price of $4.16. Over the past 52 weeks, INDI has traded in a range of $3.16-$7.82.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 86.10%. While this was happening, its average annual earnings per share was recorded -35.02%. With a float of $179.34 million, this company’s outstanding shares have now reached $181.43 million.

Considering the fact that the conglomerate employs 900 people, you should pay attention to its efficiency factor. 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) 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 11.18%, while institutional ownership is 82.95%. The most recent insider transaction that took place on Jan 06 ’25, was worth 9,477. In this transaction Chief Operating Officer of this company sold 2,012 shares at a rate of $4.71, taking the stock ownership to the 35,831 shares. Before that another transaction happened on Jan 02 ’25, when Company’s Chief Operating Officer sold 3,125 for $4.17, making the entire transaction worth $13,031. This insider now owns 25,735 shares in total.

Indie Semiconductor Inc (INDI) Recent Fiscal highlights

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 -35.02% 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 1.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.52.

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)

Compared to the last year’s volume of 4.98 million, its volume of 5.05 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 20.21%. Additionally, its Average True Range was 0.32.

During the past 100 days, Indie Semiconductor Inc’s (INDI) raw stochastic average was set at 34.44%, which indicates a significant increase from 8.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.81% in the past 14 days, which was lower than the 112.06% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $4.33, while its 200-day Moving Average is $5.09. Nevertheless, the first resistance level for the watch stands at $4.12 in the near term. At $4.26, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.36. If the price goes on to break the first support level at $3.88, it is likely to go to the next support level at $3.78. Now, if the price goes above the second support level, the third support stands at $3.64.

Indie Semiconductor Inc (NASDAQ: INDI) Key Stats

The company with the Market Capitalisation of 805.64 million has total of 201,916K 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 53,970 K and last quarter income was -49,680 K.