A new trading day began on Friday, with FTAI Infrastructure Inc (NASDAQ: FIP) stock price down -2.96% from the previous day of trading, before settling in for the closing price of $3.38. FIP’s price has ranged from $3.26 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
During the last 5-year period, the sales growth of Industrials Sector giant was 29.78%. Meanwhile, its annual earnings per share averaged 61.82%. 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 -6.55%, and the pretax margin is -79.26%.
FTAI Infrastructure Inc (FIP) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Conglomerates Industry. The insider ownership of FTAI Infrastructure Inc is 0.99%, while institutional ownership is 84.02%. 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
Here are FTAI Infrastructure Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.13.
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 2.22 million, which is a jump from its year-to-date volume of 1.25 million. As of the previous 9 days, the stock’s Stochastic %D was 18.03%. Additionally, its Average True Range was 0.41.
During the past 100 days, FTAI Infrastructure Inc’s (FIP) raw stochastic average was set at 3.05%, which indicates a significant decrease from 7.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 97.65% in the past 14 days, which was higher than the 64.52% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.36, while its 200-day Moving Average is $7.89. However, in the short run, FTAI Infrastructure Inc’s stock first resistance to watch stands at $3.43. Second resistance stands at $3.57. The third major resistance level sits at $3.74. If the price goes on to break the first support level at $3.12, it is likely to go to the next support level at $2.95. Now, if the price goes above the second support level, the third support stands at $2.81.
FTAI Infrastructure Inc (NASDAQ: FIP) Key Stats
With a market capitalization of 373.72 million, the company has a total of 113,942K Shares Outstanding. Currently, annual sales are 331,500 K while annual income is -223,650 K. The company’s previous quarter sales were 80,760 K while its latest quarter income was -114,310 K.
