On Tuesday, FTAI Infrastructure Inc (NASDAQ: FIP) opened lower -7.28% from the last session, before settling in for the closing price of $5.36. Price fluctuations for FIP have ranged from $4.73 to $10.45 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 29.78%. Company’s average yearly earnings per share was noted 61.82% at the time writing. With a float of $112.82 million, this company’s outstanding shares have now reached $113.93 million.
Let’s determine the extent of company efficiency that accounts for 670 employees. In terms of profitability, gross margin is 47.27%, operating margin of 1.32%, and the pretax margin is -79.26%.
FTAI Infrastructure Inc (FIP) Breakdown of a Key Holders of the stock
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 0.99%, while institutional ownership is 84.06%. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 61.82% 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 0.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.72, a number that is poised to hit -0.34 in the next quarter and is forecasted to reach -0.37 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 1.04 million, which is a drop from its year-to-date volume of 1.16 million. As of the previous 9 days, the stock’s Stochastic %D was 72.13%. Additionally, its Average True Range was 0.35.
During the past 100 days, FTAI Infrastructure Inc’s (FIP) raw stochastic average was set at 4.73%, which indicates a significant decrease from 34.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 57.33% in the past 14 days, which was higher than the 55.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.20, while its 200-day Moving Average is $8.15. However, in the short run, FTAI Infrastructure Inc’s stock first resistance to watch stands at $5.29. Second resistance stands at $5.61. The third major resistance level sits at $5.79. If the price goes on to break the first support level at $4.79, it is likely to go to the next support level at $4.61. Now, if the price goes above the second support level, the third support stands at $4.29.
FTAI Infrastructure Inc (NASDAQ: FIP) Key Stats
There are currently 113,942K shares outstanding in the company with a market cap of 566.29 million. Presently, the company’s annual sales total 331,500 K according to its annual income of -223,650 K. Last quarter, the company’s sales amounted to 80,760 K and its income totaled -114,310 K.
