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The price of SoFi Technologies Inc (NASDAQ: SOFI) closed at $13.82 in the last session, down -2.06% from day before closing price of $14.11. In other words, the price has decreased by -$2.06 from its previous closing price. On the day, 60.68 million shares were traded. SOFI stock price reached its highest trading level at $13.99 during the session, while it also had its lowest trading level at $13.37.
Ratios:
We take a closer look at SOFI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 125.01. In the meantime, Its Debt-to-Equity ratio is 0.54 whereas as Long-Term Debt/Eq ratio is at 0.54.
Keefe Bruyette Upgraded its Underperform to Mkt Perform on April 05, 2024, whereas the target price for the stock was revised from $6.50 to $7.50.
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 Oct 21 ’24 when Keough Kelli sold 9,308 shares for $10.36 per share. The transaction valued at 96,458 led to the insider holds 152,203 shares of the business.
Keough Kelli sold 9,308 shares of SOFI for $74,343 on Sep 23 ’24. The EVP, GBUL, SIPS now owns 161,511 shares after completing the transaction at $7.99 per share. On Sep 20 ’24, another insider, Rishel Jeremy, who serves as the Chief Technology Officer of the company, sold 68,081 shares for $8.12 each. As a result, the insider received 552,818 and left with 521,505 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, SOFI now has a Market Capitalization of 15311454208 and an Enterprise Value of 15961136128. As of this moment, SoFi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 116.82, and their Forward P/E ratio for the next fiscal year is 49.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.13 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 6.336.
Stock Price History:
Over the past 52 weeks, SOFI has reached a high of $14.44, while it has fallen to a 52-week low of $6.01. The 50-Day Moving Average of the stock is 48.21%, while the 200-Day Moving Average is calculated to be 77.14%.
Shares Statistics:
According to the various share statistics, SOFI traded on average about 48.81M shares per day over the past 3-months and 76480170 shares per day over the past 10 days. A total of 1.09B shares are outstanding, with a floating share count of 1.03B. Insiders hold about 4.96% of the company’s shares, while institutions hold 39.83% stake in the company. Shares short for SOFI as of 1728950400 were 180669028 with a Short Ratio of 3.33, compared to 1726185600 on 186592347. Therefore, it implies a Short% of Shares Outstanding of 180669028 and a Short% of Float of 17.549999.
