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The closing price of Indie Semiconductor Inc (NASDAQ: INDI) was $4.00 for the day, down -2.44% from the previous closing price of $4.10. In other words, the price has decreased by -$2.44 from its previous closing price. On the day, 4.0 million shares were traded. INDI stock price reached its highest trading level at $4.095 during the session, while it also had its lowest trading level at $3.88.
Ratios:
Our analysis of INDI’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 735488000 and an Enterprise Value of 863790336. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.53 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 3.775 whereas that against EBITDA is -8.006.
Stock Price History:
The Beta on a monthly basis for INDI is 1.41, which has changed by -0.37019968 over the last 52 weeks, in comparison to a change of 0.21926713 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 -8.53%, while the 200-Day Moving Average is calculated to be -18.80%.
Shares Statistics:
INDI traded an average of 5.47M shares per day over the past three months and 3113400 shares per day over the past ten 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 90.68% stake in the company. Shares short for INDI as of 1736899200 were 47476367 with a Short Ratio of 8.68, compared to 1734048000 on 43008295. Therefore, it implies a Short% of Shares Outstanding of 47476367 and a Short% of Float of 29.62.
