On Tuesday, FTAI Infrastructure Inc (NASDAQ: FIP) opened lower -3.36% from the last session, before settling in for the closing price of $5.96. Price fluctuations for FIP have ranged from $4.17 to $10.45 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Industrials sector company grew by 36.37% over the past five years. Company’s average yearly earnings per share was noted -4.84% at the time writing. With a float of $112.60 million, this company’s outstanding shares have now reached $113.75 million.
Let’s look at the performance matrix of the company that is accounted 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 and Institutional Ownership
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 1.01%, while institutional ownership is 84.22%. 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) Latest Financial update
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 1.97.
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)
FTAI Infrastructure Inc (NASDAQ: FIP) saw its 5-day average volume 1.5 million, a positive change from its year-to-date volume of 1.03 million. As of the previous 9 days, the stock’s Stochastic %D was 11.63%. Additionally, its Average True Range was 0.37.
During the past 100 days, FTAI Infrastructure Inc’s (FIP) raw stochastic average was set at 4.76%, which indicates a significant decrease from 12.80% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.97% in the past 14 days, which was lower than the 51.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.20, while its 200-day Moving Average is $8.45. Nevertheless, the first resistance level for the watch stands at $6.09 in the near term. At $6.42, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.69. If the price goes on to break the first support level at $5.49, it is likely to go to the next support level at $5.22. The third support level lies at $4.89 if the price breaches the second support level.
FTAI Infrastructure Inc (NASDAQ: FIP) Key Stats
There are currently 113,745K shares outstanding in the company with a market cap of 655.17 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.
