In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The price of FTAI Infrastructure Inc (NASDAQ: FIP) closed at $7.29 in the last session, down -0.14% from day before closing price of $7.30. In other words, the price has decreased by -$0.14 from its previous closing price. On the day, 1.04 million shares were traded. FIP stock price reached its highest trading level at $7.505 during the session, while it also had its lowest trading level at $7.19.
Ratios:
We take a closer look at FIP’s different ratios to gain a better understanding of the stock. 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 742362560 and an Enterprise Value of 2376352000. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 1.51. Its current Enterprise Value per Revenue stands at 7.415 whereas that against EBITDA is 60.21.
Stock Price History:
Over the past 52 weeks, FIP has reached a high of $7.80, while it has fallen to a 52-week low of $2.84. The 50-Day Moving Average of the stock is 18.45%, while the 200-Day Moving Average is calculated to be 71.43%.
Shares Statistics:
According to the various share statistics, FIP traded on average about 890.65K shares per day over the past 3-months and 1508670 shares per day over the past 10 days. A total of 101.69M shares are outstanding, with a floating share count of 100.87M. Insiders hold about 0.81% of the company’s shares, while institutions hold 79.04% stake in the company. Shares short for FIP as of 1713139200 were 3105940 with a Short Ratio of 3.49, compared to 1710460800 on 3954160. Therefore, it implies a Short% of Shares Outstanding of 3105940 and a Short% of Float of 3.52.
Dividends & Splits
The forward annual dividend rate for FIP is 0.12, which was 0.12 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.016438356
