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The closing price of FTAI Infrastructure Inc (NASDAQ: FIP) was $7.44 for the day, down -4.37% from the previous closing price of $7.78. In other words, the price has decreased by -$4.37 from its previous closing price. On the day, 1.07 million shares were traded. FIP stock price reached its highest trading level at $7.8 during the session, while it also had its lowest trading level at $7.35.
Ratios:
Our analysis of FIP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 1.74 whereas as Long-Term Debt/Eq ratio is at 1.73.
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, BTIG Research on April 18, 2024, initiated with a Buy rating and assigned the stock a target price of $10.
On September 21, 2022, Compass Point started tracking the stock assigning a Buy rating and target price of $7.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FIP now has a Market Capitalization of 791177024 and an Enterprise Value of 2391606016. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.36 while its Price-to-Book (P/B) ratio in mrq is 1.55. Its current Enterprise Value per Revenue stands at 7.463 whereas that against EBITDA is 60.596.
Stock Price History:
Over the past 52 weeks, FIP has reached a high of $7.78, while it has fallen to a 52-week low of $2.64. The 50-Day Moving Average of the stock is 31.06%, while the 200-Day Moving Average is calculated to be 81.47%.
Shares Statistics:
FIP traded an average of 794.72K shares per day over the past three months and 1373590 shares per day over the past ten days. A total of 100.59M shares are outstanding, with a floating share count of 100.11M. Insiders hold about 1.56% of the company’s shares, while institutions hold 78.86% stake in the company. Shares short for FIP as of 1711584000 were 3309696 with a Short Ratio of 4.16, compared to 1709164800 on 3785229. Therefore, it implies a Short% of Shares Outstanding of 3309696 and a Short% of Float of 3.7100002.
Dividends & Splits
With its trailing 12-month dividend rate of 0.12, FIP has a forward annual dividend rate of 0.12. Against a Trailing Annual Dividend Yield of 0.015424164
