A new trading day began on Friday, with Indie Semiconductor Inc (NASDAQ: INDI) stock price up 0.23% from the previous day of trading, before settling in for the closing price of $4.27. INDI’s price has ranged from $3.16 to $7.82 over the past 52 weeks.
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Technology Sector giant saw their annual sales surged by 86.10% over the last five years. Meanwhile, its annual earnings per share averaged -34.73%. With a float of $179.23 million, this company’s outstanding shares have now reached $181.43 million.
The firm has a total of 900 workers. Let’s measure their productivity. 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 Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Semiconductor Equipment & Materials Industry. The insider ownership of Indie Semiconductor Inc is 11.19%, while institutional ownership is 93.37%. 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) Earnings and Forecasts
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
Here are Indie Semiconductor Inc’s current performance indicators. According to the last quarter’s results, the 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 3.78.
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)
Analysing the last 5-days average volume posted by the [Indie Semiconductor Inc, INDI], we can find that recorded value of 2.53 million was lower than the volume posted last year of 3.67 million. As of the previous 9 days, the stock’s Stochastic %D was 76.83%. Additionally, its Average True Range was 0.26.
During the past 100 days, Indie Semiconductor Inc’s (INDI) raw stochastic average was set at 46.03%, which indicates a significant decrease from 64.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.43% in the past 14 days, which was lower than the 108.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.34, while its 200-day Moving Average is $4.90. Now, the first resistance to watch is $4.37. This is followed by the second major resistance level at $4.46. The third major resistance level sits at $4.56. If the price goes on to break the first support level at $4.19, it is likely to go to the next support level at $4.09. Should the price break the second support level, the third support level stands at $4.00.
Indie Semiconductor Inc (NASDAQ: INDI) Key Stats
With a market capitalization of 864.20 million, the company has a total of 201,916K Shares Outstanding. Currently, annual sales are 223,170 K while annual income is -117,630 K. The company’s previous quarter sales were 53,970 K while its latest quarter income was -49,680 K.