Market Insights: SoFi Technologies Inc (SOFI)’s Notable Gain of 4.07, Closing at 16.12

Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.

As of close of business last night, SoFi Technologies Inc’s stock clocked out at $16.12, up 4.07% from its previous closing price of $15.49. In other words, the price has increased by $4.07 from its previous closing price. On the day, 47.75 million shares were traded. SOFI stock price reached its highest trading level at $16.16 during the session, while it also had its lowest trading level at $15.57.

Ratios:

To gain a deeper understanding of SOFI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 151.75. 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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 20 ’24 when Keough Kelli sold 9,590 shares for $14.56 per share. The transaction valued at 139,594 led to the insider holds 142,613 shares of the business.

Pinto Arun bought 23,404 shares of SOFI for $308,909 on Nov 15 ’24. On Oct 21 ’24, another insider, Keough Kelli, who serves as the EVP, GBUL, SIPS of the company, sold 9,308 shares for $10.36 each. As a result, the insider received 96,458 and left with 152,203 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 17492617216 and an Enterprise Value of 18456973312. As of this moment, SoFi’s Price-to-Earnings (P/E) ratio for their current fiscal year is 136.26, and their Forward P/E ratio for the next fiscal year is 57.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.02 while its Price-to-Book (P/B) ratio in mrq is 2.85. Its current Enterprise Value per Revenue stands at 7.326.

Stock Price History:

Over the past 52 weeks, SOFI has reached a high of $16.09, while it has fallen to a 52-week low of $6.01. The 50-Day Moving Average of the stock is 47.89%, while the 200-Day Moving Average is calculated to be 97.26%.

Shares Statistics:

It appears that SOFI traded 51.25M shares on average per day over the past three months and 48003120 shares per day over the past ten 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 43.66% stake in the company. Shares short for SOFI as of 1731628800 were 148717776 with a Short Ratio of 2.90, compared to 1728950400 on 180669028. Therefore, it implies a Short% of Shares Outstanding of 148717776 and a Short% of Float of 14.430000000000001.

Most Popular