For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of Indie Semiconductor Inc (NASDAQ: INDI) closed at $4.18 in the last session, down -2.11% from day before closing price of $4.27. In other words, the price has decreased by -$2.11 from its previous closing price. On the day, 3.41 million shares were traded. INDI stock price reached its highest trading level at $4.345 during the session, while it also had its lowest trading level at $4.085.
Ratios:
We take a closer look at INDI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.87 and its Current Ratio is at 2.39. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.38.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on January 24, 2025, initiated with a Neutral rating and assigned the stock a target price of $4.50.
On February 23, 2024, Craig Hallum reiterated its Buy rating and also upped its target price recommendation from $12 to $10.
On December 01, 2023, CJS Securities started tracking the stock assigning a Market Outperform rating and target price of $15.CJS Securities initiated its Market Outperform rating on December 01, 2023, with a $15 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 06 ’25 when Wittmann Michael sold 2,012 shares for $4.71 per share. The transaction valued at 9,477 led to the insider holds 35,831 shares of the business.
Wittmann Michael sold 3,125 shares of INDI for $13,031 on Jan 02 ’25. The Chief Operating Officer now owns 25,735 shares after completing the transaction at $4.17 per share. On Dec 23 ’24, another insider, Wittmann Michael, who serves as the Chief Operating Officer of the company, sold 18,375 shares for $4.10 each. As a result, the insider received 75,338 and left with 28,860 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INDI now has a Market Capitalization of 768584960 and an Enterprise Value of 913435840. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.69 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at 3.992 whereas that against EBITDA is -8.467.
Stock Price History:
The Beta on a monthly basis for INDI is 1.41, which has changed by -0.3328125 over the last 52 weeks, in comparison to a change of 0.23883796 over the same period for the S&P500. Over the past 52 weeks, INDI has reached a high of $7.82, while it has fallen to a 52-week low of $3.16. The 50-Day Moving Average of the stock is -5.20%, while the 200-Day Moving Average is calculated to be -16.05%.
Shares Statistics:
According to the various share statistics, INDI traded on average about 5.38M shares per day over the past 3-months and 3723430 shares per day over the past 10 days. A total of 181.43M shares are outstanding, with a floating share count of 179.33M. Insiders hold about 11.19% of the company’s shares, while institutions hold 88.86% stake in the company. Shares short for INDI as of 1735603200 were 45197562 with a Short Ratio of 8.41, compared to 1732838400 on 28050980. Therefore, it implies a Short% of Shares Outstanding of 45197562 and a Short% of Float of 28.199999999999996.
