A new trading day began on Thursday, with FTAI Infrastructure Inc (NASDAQ: FIP) stock price up 2.29% from the previous day of trading, before settling in for the closing price of $3.49. FIP’s price has ranged from $3.10 to $10.45 over the past 52 weeks.
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Industrials Sector giant saw their annual sales surged by 29.78% over the last five years. 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.
The firm has a total of 670 workers. Let’s measure their productivity. 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) Insider Activity
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 83.99%. 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) Earnings and Forecasts
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 1.23.
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)
Analysing the last 5-days average volume posted by the [FTAI Infrastructure Inc, FIP], we can find that recorded value of 1.96 million was better than the volume posted last year of 1.28 million. As of the previous 9 days, the stock’s Stochastic %D was 34.81%. Additionally, its Average True Range was 0.39.
During the past 100 days, FTAI Infrastructure Inc’s (FIP) raw stochastic average was set at 7.95%, which indicates a significant decrease from 26.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 108.99% in the past 14 days, which was higher than the 66.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.09, while its 200-day Moving Average is $7.78. Now, the first resistance to watch is $3.76. This is followed by the second major resistance level at $3.94. The third major resistance level sits at $4.08. If the price goes on to break the first support level at $3.43, it is likely to go to the next support level at $3.28. Should the price break the second support level, the third support level stands at $3.10.
FTAI Infrastructure Inc (NASDAQ: FIP) Key Stats
With a market capitalization of 406.77 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.
