Indie Semiconductor Inc (NASDAQ: INDI) on Tuesday, soared 0.24% from the previous trading day, before settling in for the closing price of $4.18. Within the past 52 weeks, INDI’s price has moved between $3.16 and $7.82.
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Annual sales at Technology sector company grew by 86.10% over the past five years. The company achieved an average annual earnings per share of -34.73%. With a float of $179.33 million, this company’s outstanding shares have now reached $181.43 million.
Let’s look at the performance matrix of the company that is accounted for 900 employees. 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
Observing investor behavior towards Semiconductor Equipment & Materials industry stocks is more important than anything else. The insider ownership of Indie Semiconductor Inc is 11.19%, while institutional ownership is 88.93%. 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) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -34.73% per share during the next fiscal year.
Indie Semiconductor Inc (NASDAQ: INDI) Trading Performance Indicators
Indie Semiconductor Inc (INDI) is currently performing well based on its current performance indicators. A quick ratio of 1.87 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.70.
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 -0.07 in one year’s time.
Technical Analysis of Indie Semiconductor Inc (INDI)
Indie Semiconductor Inc (NASDAQ: INDI) saw its 5-day average volume 2.83 million, a negative change from its year-to-date volume of 3.96 million. As of the previous 9 days, the stock’s Stochastic %D was 43.70%. Additionally, its Average True Range was 0.30.
During the past 100 days, Indie Semiconductor Inc’s (INDI) raw stochastic average was set at 42.74%, which indicates a significant increase from 36.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.71% in the past 14 days, which was lower than the 111.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.40, while its 200-day Moving Average is $4.97. Nevertheless, the first resistance level for the watch stands at $4.32 in the near term. At $4.45, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.56. If the price goes on to break the first support level at $4.07, it is likely to go to the next support level at $3.96. The third support level lies at $3.83 if the price breaches the second support level.
Indie Semiconductor Inc (NASDAQ: INDI) Key Stats
Market capitalization of the company is 846.03 million based on 201,916K outstanding shares. Right now, sales total 223,170 K and income totals -117,630 K. The company made 53,970 K in profit during its latest quarter, and -49,680 K in sales during its previous quarter.
