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The price of SoFi Technologies Inc (NASDAQ: SOFI) closed at $6.54 in the last session, up 3.48% from day before closing price of $6.32. In other words, the price has increased by $3.48 from its previous closing price. On the day, 31.82 million shares were traded. SOFI stock price reached its highest trading level at $6.57 during the session, while it also had its lowest trading level at $6.305.
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 1.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.57. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.49.
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 Jun 20 ’24 when Rishel Jeremy sold 56,273 shares for $6.41 per share. The transaction valued at 360,710 led to the insider holds 453,464 shares of the business.
Noto Anthony bought 30,715 shares of SOFI for $199,110 on Jun 14 ’24. The Chief Executive Officer now owns 8,121,844 shares after completing the transaction at $6.48 per share. On Jun 13 ’24, another insider, Qatar Investment Authority, who serves as the Director by deputization of the company, sold 19,840,073 shares for $6.78 each. As a result, the insider received 134,515,695 and left with 0 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 6914218496 and an Enterprise Value of 6542579712. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.15 while its Price-to-Book (P/B) ratio in mrq is 1.19. Its current Enterprise Value per Revenue stands at 2.918.
Stock Price History:
Over the past 52 weeks, SOFI has reached a high of $11.70, while it has fallen to a 52-week low of $6.20. The 50-Day Moving Average of the stock is -7.03%, while the 200-Day Moving Average is calculated to be -15.43%.
Shares Statistics:
According to the various share statistics, SOFI traded on average about 40.33M shares per day over the past 3-months and 39668720 shares per day over the past 10 days. A total of 1.06B shares are outstanding, with a floating share count of 1.01B. Insiders hold about 4.92% of the company’s shares, while institutions hold 38.76% stake in the company. Shares short for SOFI as of 1715731200 were 179419494 with a Short Ratio of 4.56, compared to 1713139200 on 180065592. Therefore, it implies a Short% of Shares Outstanding of 179419494 and a Short% of Float of 17.899999.
