FTAI Infrastructure Inc (NASDAQ: FIP) kicked off on Friday, down -3.92% from the previous trading day, before settling in for the closing price of $7.39. Over the past 52 weeks, FIP has traded in a range of $4.05-$10.45.
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During the last 5-year period, the sales growth of Industrials Sector giant was 36.37%. While this was happening, its average annual earnings per share was recorded -4.84%. With a float of $108.97 million, this company’s outstanding shares have now reached $113.75 million.
Let’s determine the extent of company efficiency that accounts for 700 employees. 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
Our next focus will be how large-scale investors are participating in this stock of the Conglomerates Industry. The insider ownership of FTAI Infrastructure Inc is 4.20%, while institutional ownership is 79.72%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.42 per share during the current fiscal year.
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
Take a look at FTAI Infrastructure Inc’s (FIP) current performance indicators. Last quarter, stock had a quick ratio of 1.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.43.
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 -0.92 in one year’s time.
Technical Analysis of FTAI Infrastructure Inc (FIP)
Looking closely at FTAI Infrastructure Inc (NASDAQ: FIP), its last 5-days average volume was 1.21 million, which is a jump from its year-to-date volume of 1.09 million. As of the previous 9 days, the stock’s Stochastic %D was 33.97%. Additionally, its Average True Range was 0.48.
During the past 100 days, FTAI Infrastructure Inc’s (FIP) raw stochastic average was set at 15.50%, which indicates a significant decrease from 27.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 84.93% in the past 14 days, which was higher than the 55.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.99, while its 200-day Moving Average is $8.49. However, in the short run, FTAI Infrastructure Inc’s stock first resistance to watch stands at $7.34. Second resistance stands at $7.58. The third major resistance level sits at $7.71. If the price goes on to break the first support level at $6.97, it is likely to go to the next support level at $6.84. Should the price break the second support level, the third support level stands at $6.60.
FTAI Infrastructure Inc (NASDAQ: FIP) Key Stats
The company with the Market Capitalisation of 807.59 million has total of 113,745K Shares Outstanding. Its annual sales at the moment are 320,470 K in contrast with the sum of -121,340 K annual income. Company’s last quarter sales were recorded 83,310 K and last quarter income was -32,990 K.
