Market Highlights: SoFi Technologies Inc (SOFI) Ends on a Low Note at 10.42

Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of SoFi Technologies Inc (NASDAQ: SOFI) closed at $10.42 in the last session, down -1.51% from day before closing price of $10.58. In other words, the price has decreased by -$1.51 from its previous closing price. On the day, 37.75 million shares were traded. SOFI stock price reached its highest trading level at $10.65 during the session, while it also had its lowest trading level at $10.175.

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 3.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 66.27. 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 11107094528 and an Enterprise Value of 12135511040. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.27 while its Price-to-Book (P/B) ratio in mrq is 1.88. Its current Enterprise Value per Revenue stands at 5.178.

Stock Price History:

Over the past 52 weeks, SOFI has reached a high of $10.62, while it has fallen to a 52-week low of $6.01. The 50-Day Moving Average of the stock is 28.30%, while the 200-Day Moving Average is calculated to be 38.29%.

Shares Statistics:

According to the various share statistics, SOFI traded on average about 43.30M shares per day over the past 3-months and 54744910 shares per day over the past 10 days. A total of 1.07B shares are outstanding, with a floating share count of 1.01B. Insiders hold about 4.97% of the company’s shares, while institutions hold 38.09% stake in the company. Shares short for SOFI as of 1727654400 were 181139940 with a Short Ratio of 4.18, compared to 1724976000 on 189465422. Therefore, it implies a Short% of Shares Outstanding of 181139940 and a Short% of Float of 17.909999.

Most Popular