Daily Progress: First Foundation Inc (FFWM) Drop -4.93, Closing at 4.82

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In the latest session, First Foundation Inc (NYSE: FFWM) closed at $4.82 down -4.93% from its previous closing price of $5.07. In other words, the price has decreased by -$4.93 from its previous closing price. On the day, 0.85 million shares were traded. FFWM stock price reached its highest trading level at $5.0 during the session, while it also had its lowest trading level at $4.72.

Ratios:

For a deeper understanding of First Foundation Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 1.54 whereas as Long-Term Debt/Eq ratio is at 1.13.

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 the company, DA Davidson on July 03, 2024, Upgraded its rating to Buy and sets its target price to $9 from $8 previously.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 18 ’24 when KAVANAUGH SCOTT F bought 636,160 shares for $6.58 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FFWM now has a Market Capitalization of 417697344 and an Enterprise Value of 2049581184. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 21.334.

Stock Price History:

The Beta on a monthly basis for FFWM is 1.01, which has changed by -0.19262981 over the last 52 weeks, in comparison to a change of 0.07995045 over the same period for the S&P500. Over the past 52 weeks, FFWM has reached a high of $8.52, while it has fallen to a 52-week low of $4.41. The 50-Day Moving Average of the stock is -2.36%, while the 200-Day Moving Average is calculated to be -22.76%.

Shares Statistics:

For the past three months, FFWM has traded an average of 764.70K shares per day and 1093480 over the past ten days. A total of 82.37M shares are outstanding, with a floating share count of 71.36M. Insiders hold about 13.38% of the company’s shares, while institutions hold 78.48% stake in the company. Shares short for FFWM as of 1744675200 were 3602929 with a Short Ratio of 4.71, compared to 1741910400 on 2895863. Therefore, it implies a Short% of Shares Outstanding of 3602929 and a Short% of Float of 4.8299997999999995.

Dividends & Splits

According to the company, the forward annual dividend rate for FFWM is 0.01, from 0.01 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0019723864The stock’s 5-year Average Dividend Yield is 2.08.

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